On Thursday, Golden Agri re-tested the support at $0.68 and closed at $0.68 with HIGH volume of 0.14 billion shares traded.

A black candle sticks with little upper shadow affirms that investors have no hesitant in selling the stocks

Both RSI & MACD are bearish as MACD trend downwards.

Important Resistance of Golden Agri: $0.715

Immediate Support of Golden Agri: $0.68

Currently prices are supported by 50 days MA at $0.68

Recently prices have been undergo heavy selling pressure due to falling prices in palm oil.

However we would think it is a good opportunity to enter now if interested in the palm oil business.

$0.65 support (With 200 days MA) is expected to be very strong and able to hold onto the falling prices.

Therefore Golden Agri has been selected for this week stock pick for the entry prices of $0.65 ...