Genting Singapore: Going for the 3rd Time!

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Genting Singapore has broken out from the Symmetrical Triangle and broke the $2.00 psychological support. Genting Singapore failed to break the 20D MA resistance twice. There was a Bullish Harami candlestick pattern observed on last Friday and Genting Singapore may rebound to test the 20D MA resistance (about $2.00) the 3rd time.  Failing to break above $2.00 resistance will continue the down trend and Genting Singapore will head towards the breakout price target of $1.60.

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