One day the market broke down and the next day the market rose. The market is already at the supply zone but I think more distribution must take place first. Genting is a weak stock today because the stock broke down from the Supply Zone and more evidently, the entire market reversed up from yesterday's selling while Genting SP continue to be weak and has no buyers to support at the moment. The 5 minute chart has signs of weakness in the short term with more sellers than buyers. Will it continue to trend lower? Time will tell soon!
Ronald K - Market Psychologist - A Stock Market Opportunist
