higher high, lower low created expected to have a high volume today than yesterday to support the price rise continuously MACD hit on the trending price which could be a good signal to sell the securities. Well, the long position seems to be less risky than shorting. as the price is more close to support rather than resistance. The entry better price is picked...
Signal in the chart: 1. Gap down with average volume 2. Red pentagon at the background 3. No sign of strength yet Hit the "LIKE" button to support us :) Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Levels are marked with arrow. But I doubt price will test 2.79, its way too cheap for GENM to trade that level again. KIV on this counter
RM2.180 maybe
GENTING MALAYSIA CONTINUE ON SELL PRESSURE
GENM - Many may doubt whether the hard-hit stock is at the right point to go for bottom fishing. Well, based on technical, stock that's being punished below 200-days MA (crucial supporting trendline) will take some time to recover & will need strong catalysts in terms of fundamental/ news flow to do so. The bigger picture still heading down. But, is there...
Strength in the chart: 1.Spring as support 2. Low volume narrow spread bar at support Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
still have some space for upside
Genting Malaysia, another KLCI that drop more than 50% since year 2018. It have its first rebound on Dec 2018, and it had retest at 0.382 Fibonacci, could it be the focus of next half year 2019? Lets go to have a breeze & starbucks @ Genting Malaysia. *Disclaimer - This analysis is NOT a buy call Before you enter any trade in the financial market, it is very...
Genting Malaysia is the one and only listed company in Bursa Malaysia has the casino license. It has been dropping from the peak for more than 50% If we are looking from Elliott Waves of view , it has a good chance that the stock has already reached it bottom. And Wave 1 has already been completed from 2.7 to 3.5 Currently we could expect that wave 2...
Dayang 1. Resistance with ND and UT 2. Price back to support Genting Malaysia 1. Accmulation 2. Resistance at gap down Send us your preference stock to review based on TradeVSA chart by comment at below. Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before...