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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