Genting HongKong is forming a wedge pattern. The immediate resistance is at about $0.46 which is also the 78.6% Fibonacci Resistance. It is crucial to see whether Genting HK is able to break the 20D and 50D MA resistance, otherwise we may see the short term bear takes charge of Genting HK.
Genting HK: Forming A Wedge
- Post author:Marubozu
- Post published:December 15, 2010
- Post category:Genting Hong Kong
- Post comments:0 Comments
Tags: Wedge