Technical Analysis
Golden Agri-Resources, Courts Asia, Geo Energy, Halcyon Agri and Overseas Education
By Stock Market  •  May 10, 2013
This information is updated as 1 April 2013.


Our local index FSSTI is facing a resistance at 3330. It have remained stuck in a range bound mode for the past 4 months. With the earnings' session around the corner, positioning forward is important, especially if one is looking for dividend consideration.

Golden Agri-Resource. Since late Oct 2010, Golden Agri-Resources had been following a downtrend direction. This is evidenced with the direction of its RSI. Lack of demand for CPO and huge inventory has been depressing the share price. Having a doji weekly bar indicates uncertainties about its direction. A range bound trade may be preferred at this moment with the range of 0.565 - 0.600.




Courts Asia. Perhaps due to the timing of its listing, the share price suffered an impact from the macro environment sentiment. When the dark clouds passed, the stock regains its shine. Having a ......
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