
On Thursday, Golden Agri re-tests the support at $0.58 and closed at $0.58 with LOW volume of 17.83 million shares traded.
A candle stick with upper/lower shadow similar to Doji indicates the indecision of the investors in determine the trend ahead.
Both RSI & MACD are turning bearish as RSI perform a sharp downtick.
Important Resistance of Golden Agri: $0.595
Immediate Support of Golden Agri: $0.58
Currently prices are supported by the technical/ 20/50 days MA.
We can see 2 important points from the recent prices movement:
1) Golden Agri is trend inside a symmetrical triangle forming a “lower high” and “higher low”.
2) Golden Agri has been well supported by the 200 days MA since May 2010.
If possible our entry price would be near to the 200 days MA at $0.56
SEE ANALYSIS FOR OCBC
Otherwise we would watch if golden agri can breakout of this symmetrical triangle for trading opportunities.
Ha ha, no worry liao, son 29, fr NUS, but never bring girldfrd home, daughter 21, second yr NTU. but bringing boyfrd home for dinner. Wife ah, Mon to Fri, computer class, singing class n English class at Tech Whye, let it be loh. He he, dun tell people, AK got my own programme also mah. Cheers.
epliew ( Date: 07-Oct-2010 18:31) Posted:
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such a Filial Piety son...... good boy ya......
how many kids you got there..... no wonder u aim the mpv for so long.....
AK_Francis ( Date: 07-Oct-2010 18:25) Posted:
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Ha ha, u r real sifu, knowing when to run road, AK, big wok, still holding ds burgher leh, though can hv Carlsberg if down load it. Feels good, when seeing d palm trees along the highway, while on kampong's trip. Already back to kampong 3 weeks liao, such a nice place to relax. Heng heng, wife n childrens didn't chase after me to go back Spore. Poor old mum paralised, once I massaged her, d feeling was untold loh, as she brought me up hardly, since young.
Isolator ( Date: 05-Oct-2010 09:53) Posted:
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If you can guess it right, you will be much richer...

ha ha... coming down any more ?
Isolator ( Date: 07-Oct-2010 16:07) Posted:
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indicators say up leh
Isolator ( Date: 07-Oct-2010 16:07) Posted:
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Clear stock again.... This counter is going to break up or down... hmmm...

Now is long... buy.....
you short this counter and cover back already?
To take profit out of it... lol..

in-out in-out, what are you doing to the GAR?
Isolator ( Date: 05-Oct-2010 14:31) Posted:
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Buy now... Let's see this time can break above 60
u exit again.....
alamak.... must run.
Isolator ( Date: 05-Oct-2010 09:53) Posted:
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Not only GAR affected,here are the link for the related news>>>
http://thestar.com.my/news/story.asp?file=/2010/10/5/nation/7162190&sec=nation
Must know when to exit... Can accumulate again...

Palm OilCommodity MYR 11/15 2652.0 down -77.0
I feel that Golden Agr is going to move up again. =D
1. MACD blue line is going to cross signal (red) line
2. Doji Star
3. Stochastic Oscillator is in Oversold region
4. Long term uptrend
see my report for more information and diagram
Slow moving burger, considering clear remaining half for Carlsberg liao. Ha ha, tomorrow got to see local doc to remove my eye's stiches liao, need not to go back Betong, Thailand hospital to do that loh. May go there again, once American's frd home bound days later. Cheers.
Isolator ( Date: 04-Oct-2010 10:27) Posted:
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Time to long.... buy...
