Friday, November 12, 2010

Genting

Here is the surprise gap-down for Genting,


From the above chart, you can see the drop-down. I am still searching for the reason for the sudden gap-down. This drop is hurting as it breaks the support of $2.18 and stable at $2.07 (SMA50). If SMA(50) is broken, it may be looking at the 100D MA which is at $1.70.

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