Singapore Stocks Scan | Golden Agri Resources Analysis

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Golden Agri-Resources Ltd, E5H

If you will ask me, buy or sell for this stock. The answer will be buy and sell but all are short term. Trade within the two red lines; sell when completed bearish chart pattern and near top trend line. Buy when completed bullish chart pattern and near the support line.

This stock is at ranging or sideway at the moment.

See the H M Gartley reversal pattern, the price action just completed the down flow, and ABCD buy pattern. The up move may break the trendline. Buy when you are able to confirm the bullish chart pattern, otherwise wait; be patient.

Remember all setup may fail, therefore the price action could breakout from the lower trendline; support.

 

June 12, 2015 Golden Agri Resources

June 12, 2015 Golden Agri Resources

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

You can read about other Singapore Stocks scan and past Indofood Agri analysis in this website.

Thanks for visiting the website.

Moses

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