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May 31, 2010.

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Friday, May 21, 2010

Golden Agri - Starting a Deeper Correction

Follow up from previous post.
http://mystocksinvesting.blogspot.com/2010/05/golden-agri-breaks-up-trend-support.html

Golden Agri is unable to move back and went above the up trend support. It is also confirmed that the previous support has turned into resistance. In addition, 200D MA support is also broken. The chart looks bearish and probably starts a deeper correction if there is no rebound from this 200D MA support.


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