Friday, March 21, 2014

************* Bearish U TURN: Golden Agri. Reversing Back down ? (CFD SELL) Price 0.575.

For now, Golden Agri has kind of broken below the immediate 0.58 support level on TOP 10 VOLUME which also coincides with the Short term MA LINE. More downside can be seen back to 0.50 to 0.54 level if it stays below 0.58. Those looking to accumulate can consider getting in anywhere from 0.50 to 0.52 for a potential rebound. Have been in the 0.50 to 0.615 range for about a year already, trade the range by accumulating near support.
Stop loss 0.605
 

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