
Stochastics just passed oversold and RSI rebounded off 30%.
Today's candle well and truly above 200dMA rebounding off it for the second time, with MACD crossing signal line.
Centre Bollinger starts curving upwards which helps to confirm trend reversal.
In my opinion, GAR is staying the course for a mid-term bull run.
 
New123 ( Date: 22-Mar-2011 16:14) Posted:
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hope so,but now it back to 665 again... got one bb sell 4000 lots...
Vested at 72.5 cents. Don't know whether can it goes back to this level?
goldenpiggy ( Date: 22-Mar-2011 16:01) Posted:
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That's the plan...  :)
stan19 ( Date: 22-Mar-2011 15:52) Posted:
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nice... would it go up further?
powderful ...
wah.. cleared .67!!
Hwahhh 0.88cts?  
I very scared when such optimistic analysis comes out! Better say 0.98cts ah!

iOCBCjun ( Date: 22-Mar-2011 13:33) Posted:
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he covered back sometime ago liao. den he say will go up after coverin
epliew ( Date: 22-Mar-2011 14:13) Posted:
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thought u short it ?
Isolator ( Date: 22-Mar-2011 13:12) Posted:
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Golden Agri +2.3% weaker CPO prices factored in - OCBC
Tags: OCBC | Golden Agri-Resources
Tags: OCBC | Golden Agri-Resources
Written by Dow Jones & Co, Inc     |
Tuesday, 22 March 2011 10:50 |
Golden Agri-Resources (E5H.SG) is +2.3% at $0.660, for a second day
of gains, possibly marking a bottom after its 13.2% fall from the early
March high of $0.720 to last week’s low at $0.625.
OCBC says the stock recently was “no doubt weighed by the decline in crude palm oil prices, given that the group is one of the largest oil palm plantation owners in Indonesia.” 
OCBC says the stock recently was “no doubt weighed by the decline in crude palm oil prices, given that the group is one of the largest oil palm plantation owners in Indonesia.” 
 
Analyst Carey Wong says the house has already taken the impact of
softening CPO prices into its assumptions, with a base CPO price
assumption of US$950/ton for the whole of this year, compared with the
current price at US$1,108 ($1,402). 
 
“Meanwhile, we believe that any sharp tumble in CPO prices is
unlikely, given the still rising crude oil prices. Short-term market
volatility notwithstanding, we remain sanguine about the growing demand
for CPO-based products from rapidly developing countries such as China,
India and Indonesia over the medium term.” 
 
The house maintains its Buy call with $0.88 fair value, based on 17X FY11F core EPS.
Great move.... It should be going higher now.... nv...
Likely close at this level. If so, that's a good sign. If close higher, may invite sell-down tomorrow.
GuavaXF30 ( Date: 22-Mar-2011 10:28) Posted:
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69.5 to 70.5 first.
New123 ( Date: 22-Mar-2011 10:32) Posted:
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Probable. Whatever the case, just hold.
New123 ( Date: 22-Mar-2011 10:32) Posted:
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Looking good that it may go up to test 70 cents soon..
Will see the charts turn up as of today.
Back to 66 cents and one of top volume. May see 0.67 today.
cathylmg ( Date: 21-Mar-2011 16:43) Posted:
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To me, 66.5ct is important...
Coming back nicely again.... 
sharez ( Date: 22-Mar-2011 07:17) Posted:
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