All investors can read for themselves the various developments with regards to the pandemic and vaccinations which are in the news on a daily basis

As such we will only focus on one aspect in this post which is GENTING's (3182) technicals / chart

A picture is worth a thousand words:

It's clear that GENTING's uptrend is intact and is in an unmistakable and unstoppable channel

1st Target: RM 6.00 (psychological resistance)

2nd Target: RM 6.50 (pre-pandemic level)

*Note: This is not a buy or sell call

** Image link here 

BONUS: For the practitioners of Cycles and the students of History: -

The world moves in cycles - the seasons, economic cycle and recession (10 years), stock market cycle, property cycle, commodities cycle...

1971: Genting Highlands Opens
2021: 50 Years of History and Growth

2009: Global Financial Crisis (GFC)
2020: Covid-19 Pandemic (C19)

2009: Year of the Ox (KLCI + 44%)
2021: Year of the Ox

2010: Resorts World Sentosa (SG) opens (1yr after GFC onset)
2021: Resorts World Las Vegas (US) opens (1yr after C19 outbreak)

2009: Mar RM3.08 (low) to 2011 Nov RM11.98 (all time high)
2020: Nov RM2.95 (low) to 2022 RM ????

History always repeats itself

TLDR; WE LIKE THE STOCK GENTING (3182) 

Disclaimer: The information and opinions expressed here are for educational purposes only and the contents of this report should not be considered financial advice and does not constitute a buy or sell call. Consult your investment advisor before making any investment decision.