Chartzones: Genting

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Genting may have issues breaking the major resistance at $1.01 tomorrow if the earnings report does not excite the investors.

Currently Genting is holding at the Fibonacci Retracement of 61%, 100 days moving average and an important traditional/psychological resistance of $1.01.

Today Genting has already demonstrated this ridge task by having long upper shadow and close at $1.01 though the VOL is high with 0.27 Billion shares traded (3 times average vol)

We would recommend selling Genting tomorrow if the report does not thrill the market.

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