On Friday, Golden Agri re-test the resistance at $0.73 and closed at $0.73 with HIGH volume of 0.108 billion shares traded.
A white candles stick with no upper/lower shadow affirms that the bulls have no hesitant in buying the stocks at higher price.
Both RSI & MACD are bullish though as RSI near overbought region.
Important Resistance of Golden Agri: $0.73
Immediate Support of Golden Agri: $0.715
Currently prices are above 20/50/100/200 days MA.
Prices broke the critical resistance at $0.715 resistance with high volume and closed right at another resistance at $0.73
The resistance at $0.73 is expected to be very strong and would need another strong breakout to go above this level.
Crazy to enter now, instead watch for the resistance at $0.73 if vested as profit taking will be well expected.
Stock Chart: Golden Agri! is contributed by ...
...