Friday, 10 August 2012

Daily Trading Stocks: Genting

Genting could rebound after closing back above psychological RM9.00 yesterday. A purchase can be made on close above RM9.03 with a close below week low of RM8.86 as a stop-loss. The price targets are prior highs of RM9.50 and RM9.85. Failure to hold above RM9.00 could see a return of selling and supports are at RM8.60 and RM8.40.

Source: OSK

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