My overnight sell queue for Golden Agriculture at 51c resistance, provided by the descending 100wMA, was done today. Another 20% of my position sold. Credit Suisse bought from me.
It was nice how the 50c resistance was punched through but a white spinning top ended the day. If 51c is taken out convincingly tomorrow, I see a target of 62c in time. If 51c resistance holds out, price is likely to weaken to support and I would like to buy again at 47c or so in the near future.
More charts for Golden Agriculture
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2 comments:
interesting. i entered indoagri for a trade. guess who sold to me? CS!
Based on FA, Golden Agri is a better buy than Indo Agri. Then again, that's FA. Haha..
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