On Wednesday, Golden Agri broke the support at $0.57 and closed at $0.565 with LOW volume of 32.16 million shares traded.
Both RSI & MACD are bearish as RSI trend downwards.
Important Resistance of Golden Agri: $0.57
Immediate Support of Golden Agri: $0.545
Currently prices are well supported by 200 days MA.
Today prices broke the critical support at $0.57 with low selling pressure. It could trigger further selling pressure tomorrow.
The resistance at $0.57 is expected to be strong.
We suggest to sell if vested since RSI already at overbought region and a pullback is likely.
Important News
CWT Limited 3Q net profit fell 53% to $19.2 million compared with $40.5 million a year ago.
Stock Chart: Golden Agri! is contributed by : Singapore Stock Information Exchange
