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Latest Forum Topics / Genting Sing    Last:0.765 --  Post Reply
Genting 88 support turned to resistance

Hulumas
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02-Mar-2010 12:34     
 
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tact888      ( Date: 02-Mar-2010 12:32) Posted:

Genting 88 Support Turned to Resistance on 30 min chart

Another support at 88 cents has been taken out and has transformed itself into a resistance line. More bears invading this casino island resort. Any breakout above 88 will most probably be halted by the green dual resistance trendlines and the dark storm clouds of the Ichimoku Kumo. Immediate support 86.5 with a high chance of testing the pink dual trendlines support. Further weakness will plummet price to the blue dual trendlines support.

View 30 mins chart at http://tactcharts.blogspot.com/2010/03/genting-88-support-turned-to-resistance.html


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tact888
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02-Mar-2010 12:32     
 
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Genting 88 Support Turned to Resistance on 30 min chart

Another support at 88 cents has been taken out and has transformed itself into a resistance line. More bears invading this casino island resort. Any breakout above 88 will most probably be halted by the green dual resistance trendlines and the dark storm clouds of the Ichimoku Kumo. Immediate support 86.5 with a high chance of testing the pink dual trendlines support. Further weakness will plummet price to the blue dual trendlines support.

View 30 mins chart at http://tactcharts.blogspot.com/2010/03/genting-88-support-turned-to-resistance.html

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