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Hope to see 0.66 first !
rickyw ( Date: 26-Apr-2011 10:19) Posted:
but i think max cap is 70cts only in near time...as for now still make higher low...
GuavaXF30 ( Date: 26-Apr-2011 08:37) Posted:
I am on middle ground on this but have a feeling it may go as New123 says. Reason is closing buy up.
A huge amount bought up at 0.675 suggesting that yesterday's sell-down were mainly day traders shorting this counter. If these guys sold at 0.68-0.685, they would have seen profit. But on the other hand if they were the ones who did the huge selldown at 0.675, they would have lost brokerage fees.
And I remember there were calls last month to see this at 0.65 from 0.715. It never went so low but had in fact dropped only one or two cents and than hang around at 0.70-0.715. This may happen again. That is, hang around 0.675-0.685 levels for a while before running up again. Longer term, this is on the up |
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but i think max cap is 70cts only in near time...as for now still make higher low...
GuavaXF30 ( Date: 26-Apr-2011 08:37) Posted:
I am on middle ground on this but have a feeling it may go as New123 says. Reason is closing buy up.
A huge amount bought up at 0.675 suggesting that yesterday's sell-down were mainly day traders shorting this counter. If these guys sold at 0.68-0.685, they would have seen profit. But on the other hand if they were the ones who did the huge selldown at 0.675, they would have lost brokerage fees.
And I remember there were calls last month to see this at 0.65 from 0.715. It never went so low but had in fact dropped only one or two cents and than hang around at 0.70-0.715. This may happen again. That is, hang around 0.675-0.685 levels for a while before running up again. Longer term, this is on the up.
rickyw ( Date: 25-Apr-2011 23:13) Posted:
| u so bullish on this counter |
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I am on middle ground on this but have a feeling it may go as New123 says. Reason is closing buy up.
A huge amount bought up at 0.675 suggesting that yesterday's sell-down were mainly day traders shorting this counter. If these guys sold at 0.68-0.685, they would have seen profit. But on the other hand if they were the ones who did the huge selldown at 0.675, they would have lost brokerage fees.
And I remember there were calls last month to see this at 0.65 from 0.715. It never went so low but had in fact dropped only one or two cents and than hang around at 0.70-0.715. This may happen again. That is, hang around 0.675-0.685 levels for a while before running up again. Longer term, this is on the up.
rickyw ( Date: 25-Apr-2011 23:13) Posted:
u so bullish on this counter?
New123 ( Date: 25-Apr-2011 22:52) Posted:
No more 67.5 cents . Tmr going to be 68.5 - 69.5 cents... |
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wow, since u r so confidence tat it will disobey the market trend... :P good luck
New123 ( Date: 25-Apr-2011 22:52) Posted:
No more 67.5 cents . Tmr going to be 68.5 - 69.5 cents... |
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u so bullish on this counter?
New123 ( Date: 25-Apr-2011 22:52) Posted:
No more 67.5 cents . Tmr going to be 68.5 - 69.5 cents... |
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No more 67.5 cents . Tmr going to be 68.5 - 69.5 cents...
69% it will crack 0.60
79% it will crack 0.62
99% it will crack 0.65
do your.maths
catalyst ( Date: 25-Apr-2011 19:40) Posted:
Oh, how I wish you are right. lolz
The way I see it, it can possibly hit 0.65-0.66 this week before its set to rebound up.
IF it hits 0.64 or lower, then it will drop further.
But we might see a bit sideways price action for some time. It looks " trapped" between 100dMA and 200dMA.
Joe2020 ( Date: 25-Apr-2011 10:54) Posted:
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Oh, how I wish you are right. lolz
The way I see it, it can possibly hit 0.65-0.66 this week before its set to rebound up.
IF it hits 0.64 or lower, then it will drop further.
But we might see a bit sideways price action for some time. It looks " trapped" between 100dMA and 200dMA.
Joe2020 ( Date: 25-Apr-2011 10:54) Posted:
i am still Q' ing at 59c
catalyst ( Date: 22-Apr-2011 20:30) Posted:
| I think it might hit 0.66 on Monday before any rebound. |
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hey gaecia, no answer ?
show time..... who ya ?
Gaecia ( Date: 25-Apr-2011 15:01) Posted:
| Indeed showtime has began. It was way too calm, uncharacteristic of Gar. |
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tomorrow ? 26 april will reach 0.66 ?
Isolator ( Date: 21-Apr-2011 16:30) Posted:
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0.66
Gaecia ( Date: 25-Apr-2011 15:01) Posted:
| Indeed showtime has began. It was way too calm, uncharacteristic of Gar. |
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show time for what? going down/up?
Gaecia ( Date: 25-Apr-2011 15:01) Posted:
| Indeed showtime has began. It was way too calm, uncharacteristic of Gar. |
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Indeed showtime has began. It was way too calm, uncharacteristic of Gar.
i am still Q' ing at 59c
catalyst ( Date: 22-Apr-2011 20:30) Posted:
| I think it might hit 0.66 on Monday before any rebound. |
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Next few hours will tell. Seems to be holding at 0.68. The key is if it ends the day above this. If so, crossing 0.70 will be likely.
eplepl ( Date: 25-Apr-2011 08:49) Posted:
okay, let see if u are right ! but could be 0.65 too !
catalyst ( Date: 22-Apr-2011 20:30) Posted:
| I think it might hit 0.66 on Monday before any rebound. |
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okay, let see if u are right ! but could be 0.65 too !
catalyst ( Date: 22-Apr-2011 20:30) Posted:
| I think it might hit 0.66 on Monday before any rebound. |
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Hope to see it prices rises and breakout from 72 cents and perhaps surge higher to 78 cents in the coming weeks. Ist Qtr result may be out on 15th May...
On Thursday, Golden Agri re-tested the support at $0.68 and closed at $0.68 with HIGH volume of 0.14 billion shares traded.
A black candle sticks with little upper shadow affirms that investors have no hesitant in selling the stocks
Both RSI & MACD are bearish as MACD trend downwards.
Important Resistance of Golden Agri: $0.715
Immediate Support of Golden Agri: $0.68
Currently prices are supported by 50 days MA at $0.68
Recently prices have been............
READ MORE
I think it might hit 0.66 on Monday before any rebound.
