GENM could be the gem which might catch your attention in 2019
Genting Malaysia is the one and only listed company in Bursa Malaysia has the casino license.
It has been dropping from the peak for more than 50%
If we are looking from Elliott Waves of view , it has a good chance that the stock has already reached it bottom.
And Wave 1 has already been completed from 2.7 to 3.5
Currently we could expect that wave 2 retracement has also been done when it reached the 0.382 support and rebound on last friday
Consequently if there is still wave 3 4 5 for the stock the price has a high chance that it will surge to at least 4.00 or above in mid term wise.
Solely for education purpose without any buy or sell recommendation.
It has been dropping from the peak for more than 50%
If we are looking from Elliott Waves of view , it has a good chance that the stock has already reached it bottom.
And Wave 1 has already been completed from 2.7 to 3.5
Currently we could expect that wave 2 retracement has also been done when it reached the 0.382 support and rebound on last friday
Consequently if there is still wave 3 4 5 for the stock the price has a high chance that it will surge to at least 4.00 or above in mid term wise.
Solely for education purpose without any buy or sell recommendation.
כתב ויתור
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