Genting Malaysia Berhad: An Attractive Investment Despite Negative FCF & Rising Financial Leverage

Genting Malaysia Strategic Bull with Tactical Challenges

Genting Malaysia (GENM MK): Site Visit to Resorts World Genting; Can the Rally in Its Shares Last?

Chart based progressive global trading strategies, Chart Partners

Thomas Schroeder

Chart based progressive global trading strategies

Chart Partners

Chart Partners objective is to discover medium-term cycle turns and profit opportunities before they unfold, within structural trends while preserving capital with clear degrees of risk. We have real return ideas. 

Markets are dynamic and trading systems must reflect this. It is crucial to determine underlying correlations and lead-lag relationships within global markets and the impact on linked instruments. Our weekly Chartonics product gives you short-term trading strategies that can be applied within the medium and longer term macro trends that are mapped out in our strategy updates. 

Our methodology fuses global market variables and isolates drivers in trends. We specialize in FX, index trade in NY and Asia with a focus on Asian stocks. 

Technical Analysis

<p>In our last Genting insight we called for a reaction rise from 5.74 to the 6.10 sell zone and outlined tactical challenges in the form of bear divergence that would create pressure for a decline to re test the 4.50/60 macro breakout level. This breakout point (old resistance) will now act as fresh macro support going forward and a key focal point. The move from 5,74 to 6.10 rewarded by 6% and an short from 6.10 would be up roughly 12%.</p><p>The weekly chart featured in the June insight outlined the…</p>

In our last Genting insight we called for a reaction rise from 5.74 to the 6.10 sell zone and outlined tactical challenges in the form of bear divergence that would create pressure for a decline to re test the 4.50/60 macro breakout level. This breakout point (old resistance) will now act as fresh macro support going forward and a key focal point. The move from 5,74 to 6.10 rewarded by 6% and an short from 6.10 would be up roughly 12%.The weekly chart featured in the June insight outlined the…

Genting Malaysia 6.1 Sell Nearing Buy Target