
IndoAgri up 3+ % liao .....
65 - 67 next ?
time for golden boy to move ?
On Wednesday, Golden Agri re-test the support at $0.62 and closed at $0.625 with LOW volume of 99.76 million shares traded.
An engulfing bearish line occurred (where a black candle’s real body completely contains the previous white candle’s real body). The engulfing bearish pattern is bearish during an uptrend. It then signifies that the momentum may be shifting from the bulls to the bears.
Both RSI & MACD are turning flat as RSI turn sideways.
Important Resistance of Golden Agri: $0.635
Immediate Support of Golden Agri: $0.62
Currently prices are well below 20/50/100/200 days MA.
From the chart, we could see............... READ MORE
 
 
Please do read up on latest market sentiments and news.
Oil & gas, commodities and finance sectors all hit with negative news from both EU and US.
There are also days when Dow red but somehow Sti closed green.
After 4pm, anything can happen so it's not surprising.
Nowadays can yo-yo between green and red 7-8 times in a day.
 
hyruga ( Date: 24-Aug-2011 12:18) Posted:
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wtf i thought dow jones up +300 last night. How come today golden agri down?
Maybe it has already ripened, and the juice is already started to dry by now...

rotijai ( Date: 18-Aug-2011 13:57) Posted:
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GAR has broken its trend and having trend reversal.... no sign of buying symptom for me.
Uptrend is over for Golden Agri for now unless the stock goes back up to 68 cents.
http://mystocksinvesting.com/singapore-stocks/goldenagri/golden-agriculture-resources-200d-ma-killed-by-bear/
 
already looking at it for some time d..
waiting for it to ripe only
Isolator ( Date: 18-Aug-2011 13:56) Posted:
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Golden already at some sort resistance..... Should be around 68.5ct..... Just fyi
Golden Agri (GGR SP) – HOLD
Last price: S$0.67
Resistance: S$0.70 – S$0.72
Support: S$0.655
Change of previous technical call from BUY to HOLD for this stock. The previous stop mentioned on 4 August has been triggered at S$0.655. There is still upside for this stock but could be limited at the said resistance levels. The uptrend line has been broken in the recent trading sessions and could currently trade within the downtrend bias channel. MACD is turning up, although it has yet to cross up its signal line. RSI has gained momentum.
Our institutional research has a fundamental BUY with a target price of S$0.79
GoldenAgr up 4.7% .... CRAZY !!!!
HAHA !
Isolator ( Date: 17-Aug-2011 14:53) Posted:
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Dont be smoke by the BB in here....  No where it can Bull up.... it can only turn Bull shit later on.... lol
At 82 cents months ago it was extremely bullish as well..
rotijai ( Date: 16-Aug-2011 17:02) Posted:
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It is impressive no doubt.... but ready to short more....
Anyway, it will be seeing  53ct soon
No gap down... but it will still be going down....