Genting SP long-term wise is bearish - looking at the downward trending red line acting as a resistance.
Recently Genting SP was resistance by the 200MA and came lower. The 200MA also coincides with the Fibo 78.6 level as well as the red line (3 resistance probably why it came lower).
Currently, Genting SP is supported by the purple downward sloping trend line.
However, if overall market starts to turn Genting SP might go lower with it.
Critical support to watch out for in near future will be around 1.48-1.50 (near Fibo 23.6 level).
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