Three Drive Pattern | Golden Agri Resournce | Moses Singapore Stock Analysis

June 5, 2016

 

Golden Agri Resources Stock Analysis

Was it any confused for you to see the Gartley 222 sell signal? If you have been following the website, you probably had read our analysis. In March 2016, we did an analysis and we saw there were opportunity for a Gartley 222 sell. The price stop at 0.44 and started to fall. Chart tell the thousand words. The price did a tracement or pullback till 0.34. However, as an experience trader you are aware that all setup can fail. The key here is manage the risk. Check the link for more details, Trade What You See | Gartley 222 Sell Pattern | Golden Agri Resources.

 

Now, looks like the price action is continuing to form a bearish three drive pattern as Larry larry Pesavento termed it.

Have fun!

Note: the price action keeps breakout higher.

 

June 3, 2016 Golden Agri Resources Weekly Chart

June 3, 2016 Golden Agri Resources Weekly Chart

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Thanks for visiting the site, you can find many other analysis and concepts on this site. Have fun!

Moses Stock Analysis and Scan

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