RHB Retail Research
Trading Stocks - Genting
Genting was testing the MYR6.35 level in its latest session. A bullish bias may be present above this point with a target price of MYR6.80, followed by MYR7.20. The stock may drift sideways if it cannot surpass the MYR6.35 threshold in the coming sessions. Support may be found at MYR5.91, where traders can exit upon a breach to minimise the downside risk.
Source: RHB Securities Research - 9 Jan 2019
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