RHB Retail Research
Trading Stocks - Genting Berhad
Genting’s price actions over the past two-weeks are resembling the characteristics of a basing process, around the MYR5.80 level. A positive bias may emerge above this level, while a stoploss can be placed below MYR5.70. Towards the upside, the resistance level is expected at MYR6.00, followed by MYR6.15.
Source: RHB Securities Research - 18 Sept 2019
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