Genting SP gapped down last Friday and is currently testing the 61.8% Fibonacci Support at about $1.78. If this support is broken, Genting SP may face fierce sell off because there are no significant supports at sight. The stock is currently trading below 20D, 50D, 100D and 200D MA.
Quite scary!
But shorties are very happy.. because selling down is much faster than buying up.