RHB Retail Research
Technical Analysis - Genting
Genting may rebound further after it tested MYR7.10 support in recent sessions. This candle has sent the stock to its highest close in more than a week, thereby enhancing the positive sentiment. A bullish bias may appear above the MYR7.28 level, with an exit set below the MYR7.10 threshold. Towards the upside, the near-term resistance is at MYR7.76. This is followed by the MYR8.09 level.
Source: RHB Securities Research - 22 Oct 2018
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