Genting

TA wise, looks bullish!
It has managed to bounce-off from the low of 85.5 cents to hit the high of 93.5 cents, looks positive!

The current price is staying above its 20 & 50 days moving average , looks bullish!

Short term wise, I think it may likely move up to retest 95 then 1.00 with extension to 1.10.

Not a call to buy or sell.

Pls dyodd.

Genting Singapore Limited (“Genting Singapore”) was incorporated in 1984 in the Isle of Man. Genting Singapore was converted into a public limited company on 20 March 1987 and listed on the Main Board of the Singapore Exchange Securities Trading Limited on 12 December 2005. On 1 June 2018, Genting Singapore transferred its domicile from Isle of Man to Singapore.

For over 30 years, Genting Singapore and its subsidiaries (the “Group”) have been at the forefront of gaming and integrated resort development in Australia, the Bahamas, Malaysia, the Philippines, Singapore and the United Kingdom. Today, we are best known for our award-winning flagship project, Resorts World™ Sentosa in Singapore, which is one of the largest fully integrated destination resorts in South East Asia. 

Genting Singapore is ranked among Singapore’s largest public-listed companies. Genting Singapore is a constituent stock of the FTSE Straits Times Index.