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"Is early retirement the right financial choice?" Jim Ellis discusses long-term financial growth strategies. I have blogged a...

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"E-book" by AK

Second "e-book".

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ASSI's Guest bloggers

Golden Agriculture: Waiting for a pullback.

Thursday, December 16, 2010

I have been saying to stay cautious on Golden Agriculture for quite some time now. Am I going to change my tune? Unfortunately, it is more of the same. Waiting for a pullback before loading up would be the prudent thing to do.


The negative divergences are too glaring for comfort. The MACD and MFI are both forming lower highs as the price formed higher highs. Trading volume has also been declining as price rose.

I will bide my time.

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