Golden Agriculture seems to have found support at 56c. As the falling MACD made contact with zero, the histogram turned green: a buy signal. Today's white candle is on the back of relatively low volume and that to me is not convincing of a recovery. However, this does not mean that price could not enjoy a respite and rebound. If a rebound takes place, it would confirm the buy signal on the MACD histogram but could meet with immediate resistance at 57.5c.
Related post:
Golden Agriculture: Breaking support.
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