My new site is finally up and I will be posting my stocks analysis at http://mystocksinvesting.com


Marubozu

May 31, 2010.

My Stocks Investing Journey

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Tuesday, October 20, 2009

GoldenAgri - Short Term Momentum Play!

I predict a short term rally after seeing a hammer candle (a trend reversal from short term down trend) yesterday. Today GoldenAgri closed at $0.45 with 86.3 Million shares traded (#3 Most Active Stock). The 10D MA just crossed 20D MA and the stock price is trying to cross above the 10D MA line. All other indicators showed some bullish strength. Strong support at $0.43.

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