Genting Sing Stock Code G13.SGX
After reaching a high at $0.825, price went into a corrective decline as price was still above the cloud. The decline has reached the Fibonacci 38% of the rally and the uptrend could resume again after being supported at the previous price low. Lagging Span is below price of 26 days ago but is above the cloud. MACD remains bullish with both its lines above the zero line. We think price is likely to move higher to the previous price high at $0.825 again in the next 2-3 weeks.
$0.825 Price Target
$0.755 Risk Management Stop
3 weeks Trade Duration