Genting Potential Shooting Star Battles Triple Resistance

Rebound from lavender support belt is now battling triple resistance formed by

1. Upper red channel resistance boundary

2. 100 EMA

3. Green resistance band

Strong buying in the afternoon must be able to absorb the profit taking for a successful breakout above this triple resistance to challenge the pink resistance zone.

If the Bears take control expect a pullback to test the following probable supports

1. Orange support belt

2. Lower red channel support boundary

3. Light blue support zone

4. Major lavender support base

Stay alert and be nimble.