On Thursday, Golden Agri re-tests the support at $0.64 and closed at $0.65 with HIGH volume of 59.04 million shares traded.

Both RSI & MACD are bullish as MACD about to perform a golden cross.

Important Resistance of Golden Agri: $0.665

Immediate Support of Golden Agri: $0.64

Currently prices are resisted by 200 days MA at $0.665.

Since 28/Nov, prices have been consolidating between the key support of $0.62 and key resistance of $0.665.

The resistance at $0.665 is expected to be strong.

Today Golden Agri has released the earnings report and it is expected that there would be impact on the stock price tomorrow. Suggest to monitor closely at the $0.62 support if interested.

Important News

Noble Group Ltd. (N21.SG) 4Q net profit fell 14% to US$91.2 million compared with US$105.7 million a year ago ...