Monday, 16 May 2016

Genting Sing (G13) - 16 May 2016


Genting Singapore's net profits crash 83% to $10.8m in Q1.
http://sbr.com.sg/leisure-entertainment/news/genting-singapore%E2%80%99s-net-profits-crash-83-108m-in-q1

The current price support is at $0.755 and $0.745.

The price resistance is at $0.77 and $$0.78.

Today's candlestick shows a hammer. It means that there were buyers when the price moved to intra-day's low of $0.74.
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:candlestick_pattern_dictionary#hammer 

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