RHB Retail Research
Trading Stocks - Genting
Genting may rebound further after it tested the MYR6.45 support in the recent session. Given that it has formed a white candle for the third consecutive day, the positive sentiment has been enhanced. A positive bias may emerge above the MYR6.60 level, with an exit set below the MYR6.45 threshold. Towards the upside, the immediate resistance is at MYR6.95. This is followed by the MYR7.07 level.
Source: RHB Securities Research - 20 Jun 2019
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