Genting Sing Ltd – Daily timeframe (Update from 29 March 17)
Current Sentiment: Bullish
Support 1: 1.040 Resistance 1: 1.165
Support 2: 1.005 Resistance 2: 1.220
Price still moving resiliently along the uptrend here as the 20 and 60 day moving average repeatedly held price up. The most recent bullish break above the 1.000 psychological resistance area proved the bullish momentum is accelerating.
Price should continue to climb higher from here to target the 1.165 resistance area next followed by 1.220.
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