Been another long day and I just settled down at 11pm or so. Will be another couple of weeks before I settle into a new routine. Until then, I will be blogging sporadically.
Today, my buy order for some shares in Golden Agriculture at 66c was filled. I also have another buy order at 65.5c which was not filled.
65.5c is at support provided by the trendline which started on 23 Feb. So, buying some at 66c, 1 bid above support seems like a pretty safe move. This is seemingly the case when volume has been reducing as price drifted lower. A low volume pull back suggests a lack of conviction on the part of sellers.
Looking at the ADX, we see a lack of trend, strong or weak. Therefore, look to the Stochastics for clues. It has declined into oversold territory. A rebound is probable. Immediate target ......