On Friday, Golden Agri re-tested the resistance at $0.715 and closed at $0.7 with HIGH volume of 0.144 billion shares traded.

Three white candles occurred in the last three days. Although these candles were not big enough to create three white soldiers, the steady upward pattern is bullish.

Both RSI & MACD are bullish as RSI trend upwards.

Important Resistance of Golden Agri: $0.715

Immediate Support of Golden Agri: $0.685

Currently prices are supported by 20/50/200 days MA at $0.685

The critical resistance at $0.715 has been tested in the past weeks but failed to break through.

The resistance at $0.715 re-affirms its strength as prices cannot break through despite heavy buying pressure on Friday.

Thus we would like to warn investors to stay clear of this resistance as investors are likely to take profit near that level.

On Friday, Kepland ...