Shares & Derivatives
Stock Chart: Golden Agri!
By Dou  •  June 28, 2011

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

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By Dou
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