eh9

SGX Genting Neutral

SGX:G13   GENTING SING
stock is on an overall downwards trend. With the market rebound, it did not manage to break its resistance line @ 0.775. It also breach the uptrend line on 20 Apr with downward pressure. There's a potential support line @ 0.72. If breaks above resistance, potential to long @ entry price 0.78 with profit taking @ 0.845 and stop-loss @ 0.72. If it breaks support line, potential to short @ 0.71 and profit taking @ 0.515 and stop-loss @ 0.775
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