March 11, 2016
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Few More Cents Touch the Peak of Last Twelve Months
Last week, we looked at Golden Agri Resources stock. From the MACD signal we got a cue that price action may change direction. MACD is a leading indicator; it provides you with some hints. Picture worth a thousand words. The market price action did not fail the indicator. Price action continues to drive north.
Picture Worth a Thousand Words
Price action had broken out of a key level; the neckline.
March 11, 2016 Golden Agri Resources Twelve Months Data
Inverted Head and Shoulders and Weekly Data
Price action had broken out from inverted head and shoulders neckline. And also the neckline of double bottom. Another few cents the price action will touch another key level. MACD is a leading indicator, it has also shown the inverted head and shoulders.
March 11, 2016 Golden Agri Resources Weekly Data
Moses Stocks Analysis and Scan
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