RHB Retail Research
Technical Analysis - Genting Malaysia
Genting Malaysia has been holding above the MYR2.76 support level over the past week – suggesting its recent multi-week steep retracement may have, at the very least, found an interim low. A bullish bias may emerge above this point with the resistance levels expected at MYR3.00, this is followed by MYR3.20. For risk management purposes, a stop loss can be placed below MYR2.76.
Source: RHB Securities Research - 10 Dec 2018
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