Shares & Derivatives
Stock Chart: Golden Agri, Capitaland!
By Dou  •  December 3, 2011

On Friday, Golden Agri re-tests the minor resistance at $0.715 and closed at $0.71 with LOW volume of 87.8 million shares traded.

A black candle sticks with long upper/lower shadow indicates that investors are hesitant on the direction of the prices ahead.

Both RSI & MACD are bullish though RSI in overbought region.

Important Resistance of Golden Agri: $0.715

Immediate Support of Golden Agri: $0.695

Currently prices are well above 20/50/100/200 days MA.

On 28 /Oct, prices have broken out the critical resistance at $0.68 with high volume and trigger buying pressure.

However the rally is short lived as the strength began to weaken.

If interested, watch if prices can pullback to $0.68 for good entry.

On Friday, Capitaland broke the minor resistance at $2.60 and closed at $2.63 with LOW volume of 4.48 million shares traded.

A white candle ...

...
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By Dou
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