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.
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