Weekly market analysis covering Singapore, US, Hong Kong and China — stocks, REITs, ETFs and trading perspectives.

Thursday, July 21, 2011

Long Candidate:Genting SP

STI has been hovering around 3120( support) in morning session. The next resistance is at the 3145 (downtrend line)

Genting Sp looks a nice bottom fishing candidate to me. Support is 38.2% at 1.775, target is 2.0

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