Golden Agri Resources
Double Bottom, Gartlay Sell. Catch the AB = CD sell. The price got resisted by the 100 MA and started to fail. The price starts to move south.
The price action was higher than the recent high. This is the hint of change in direction; reversal. Will see the price action can close higher, higher than the recent high again.
Picture Worth a Thousand Words
MA is a great visual aid for charting. Fast MA, 20 MA closes up 50 MA. Price action was above 20 MA. But now has went below again. Can the price action crosses up again? Will see.
July 15, 2016 Golden Agri Resources Daily Chart
Moses Stock Analysis and Scan
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