On Tuesday, Golden Agri re-tests the support at $0.695 and closed at $0.70 with LOW volume of 62.92 million shares traded.

During the past 10 bars, there have been 1 white candle and 7 black candles for a net of 6 black candles.  During the past 50 bars, there have been 15 white candles and 17 black candles for a net of 2 black candles.

Both RSI & MACD are bearish as RSI trend downwards.

Important Resistance of Golden Agri: $0.715

Immediate Support of Golden Agri: $0.695

Currently prices are supported by 200 days MA at $0.695.

Since 22/Feb, prices have been falling with heavy selling pressure and today found its support at $0.695.

We do not suggest buying now on the falling knife. Do wait for consolidation at $0.68 support if any.

Stock Chart: Golden Agri! is contributed by : ...