GENTING to test on 5.54 after rebounding on the bottom parallel channel and breakthrough 5.21 resitance. RSI has to rebound on 50.
Business Overview: Genting Berhad is principally an investment holding and management company. The Group is involved in leisure and hospitality, oil palm plantations, power generation, oil and gas, property development, life sciences and biotechnology activities, with operations spanning across the globe, including in Malaysia (the Group’s country of origin),...
These are the key levels for me on Genting, overall direction is bullish for me but prices are currently testing a key resistance area where we could see a pullback here. Love to hear your thoughts on this!
Price is reaching our support in line with our trend line, 78.6% retracement and 61.8% extension where we could see a bounce above this level.