Shares & Derivatives
Golden Agriculture: Contra at 68.5c.
By A Singaporean Stockmarket Investor (ASSI)  •  June 17, 2011
Golden Agriculture saw 90,289 lots changed hands today with 15,147 lots done at 68.5c after market closed.
In my last blog post on Golden Agriculture, I identified 68.5c as the immediate resistance as provided by a confluence of the 20d, 50d and 100d MAs. So, I put in a sell order last night for those units which I bought at 66c yesterday. My sell order was filled, locking in a gross gain of 2.5c or 3.78% in one day. In uncertain times, I suppose it makes sense to lock in gains quickly and not tempt Fate, especially over the weekend......
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By A Singaporean Stockmarket Investor (ASSI)
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