The email address in "Contact AK: Ads and more" above will vanish from November 2018.

PRIVACY POLICY

FAKE ASSI AK71 IN HWZ.

Featured blog.

1M50 CPF millionaire in 2021!

Ever since the CPFB introduced a colorful pie chart of our CPF savings a few years ago, I would look forward to mine every year like a teena...

Past blog posts now load week by week. The old style created a problem for some as the system would load 50 blog posts each time. Hope the new style is better. Search archives in box below.

Archives

"E-book" by AK

Second "e-book".

Another free "e-book".

4th free "e-book".

Pageviews since Dec'09

Financially free and Facebook free!

Recent Comments

ASSI's Guest bloggers

Golden Agriculture: Pulling back.

Monday, December 20, 2010

In various recent blog posts, I mentioned that the negative divergence between indicators and the price movement of Golden Agriculture is too glaring to be ignored. The charts show clearly rising price against a backdrop of declining volume, MACD, MFI and RSI.


Of course, the MACD is declining in positive territory and the weakness in price could be a chance to accumulate at support. I see support provided by the rising 50dMA which approximates 72c. This is followed by 70c.

Related post:
Golden Agriculture: Waiting for a pullback.

0 comments:


Monthly Popular Blog Posts

All time ASSI most popular!

 
 
Bloggy Award