On Tuesday, Golden Agri trend aimlessly and closed at $0.675 with LOW volume of 20.09 million shares traded.
A black candles stick with short lower shadow affirms that investors are taking profit off as the crude oil prices falls.
Both RSI & MACD are neutral as RSI trend sideways.
Important Resistance of Golden Agri: $0.685
Immediate Support of Golden Agri: $0.665
Currently prices are resisted by 20/50/100/200 days MA at $0.685
Golden Agri remains trending on the rising trend line forming a lower low.
Although prices seems to go sideways now but there are nothing to worry since there are no signs of selling.
In fact, the support at $0.665 seems to be strong as it has been holding the prices for past weeks.
Do consider buying at that level if interested.
Stock Chart: Golden Agri! is contributed by : Singapore Stock Information Exchange