RHB Retail Research
Trading Stocks - Genting
Genting may rebound higher after it continued holding above the MYR7.00 support. Given that it has formed a long white candle above the rising 21-day SMA line, this indicates a positive sign. A bullish bias may appear above the MYR7.35 level, with an exit set below the MYR7.00 threshold. Towards the upside, the near-term resistance is at MYR7.78. This is followed by the MYR8.06 level.
Source: RHB Securities Research - 21 Feb 2019
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