Genting Sing

Looking at the chart we can notice that the Supply has more or less exhausted with the indication of the super wide Volume bar reflected in RED.

The volume bar has generally turned lower.

 The Demand started to come in with the indication of the stronger buying interest accompany with the super wide Volume bar in GREEN .

 This seems that the ACCUMULATION process is on going.

 Once BB has collected with sufficient amount of share, we can witness that the price had started to breakout of the Accumulation zone and rises higher.


 Genting Sing had a nice white thrust bar appeared on the chart today couple with high volume. This is rather positive. A nice Breaking out of the hurdle/accumulation zone at $1.10, this is super bullish!

Short term wise, it may likely re-attempt $1.14 the immediate Resistance. Breaking out with ease + high volume that may propel to drive the price higher towards $1.22,next $1.25.

Not a call to buy or sell.

Please do your own due diligence.


Genting Singapore Limited, an investment holding company, engages in the development, management, and operation of integrated resort destinations in Asia. Its integrated resort destinations comprise gaming, hospitality, MICE, leisure, and entertainment facilities. The company primarily owns Resorts World Sentosa, a destination resort, which offers a casino, Adventure Cove Waterpark, S.E.A. Aquarium, Universal Studios Singapore Theme Park, MICE facilities, hotels, Michelin starred restaurants, and specialty retail outlets. It is also involved in the operation of casinos; and provision of sales and marketing support services to leisure and hospitality related businesses, as well as in the investment activities. Genting Singapore Limited was incorporated in 1984 and is headquartered in Singapore. Genting Singapore Limited is a subsidiary of Genting Overseas Holdings Limited.