Genting Sing (G13):
Signs of Bullish Momentum
Last Done: S$0.78
Genting Sing broke out from its small consolidation zone, S$0.75-S$0.77. Currently, resting on a classical resistance turn support price level of S$0.77. Bullish MACD is also observed. These positive signs amid a soft market are bullish signs.
As long S$0.77 support holds, Genting SP has the momentum to retest its next resistance at S$0.83.