Genting Singapore: Trading in a Down Trend Channel

Genting Singapore is currently trading within a down trend channel. 20D MA remains as a very strong resistance as Genting SP has failed to break for 3 times. 

Base on current chart:

  • Channel Resistance at about $1.90
  • Channel Support at about $1.78 – $1.80 which is the 200D MA and 61.8% Fibonacci Retracement Level.

This Post Has One Comment

  1. Marubozu

    Genting broke the down trend channel resistance. Current chart is no longer valid. Genting Singapore is testing 50D MA resistance now.

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