Monday, November 18, 2013

******** Potential upside on breakout: Golden Agri. Share price 0.600. (Can it stay above 0.600 ? )

After trading below Critical 0.600 since March this year, Golden Agri has finally broke above the key 0.600 resistance level last Friday and manage to stay above today. Support would be at 0.600 now. Can be a positive short term play to 0.65 then 0.68 level as long as 0.600 holds as new support. Can see strength in this counter as most commodities counters rises on market strength.
Stop loss at 0.585.
 


 

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