Heading towards 0.400 as mentioned?
Sent: Monday, October 05, 2015 4:58 PM
Subject: ******** Golden Agri: A breakout seen... more upside like if volume maintains.... price 0.345
Subject: ******** Golden Agri: A breakout seen... more upside like if volume maintains.... price 0.345
Golden Agri has traded below the 0.34 resistance for more than 2 months and today we are seeing a move above on top 5 volume. A Bullish Rounding bottom pattern spotted and staying above 0.34 now can start to see more strength as it heads towards the 0.400 psychological resistance which was originally the support it broke down from in July. MACD momentum indicators has just crossed above the zero mark which is a positive and can take it higher, stop loss at 0.33 for any long positions.
No comments:
Post a Comment