Welcome to AmiBrokerAcademy.com Moses Stock Analysis Column.
How will Golden Agri Resources Perform in 2016?
2016 is going to be harder for everyone. It has been a declining start for the year and China has been leading the way. The whole world is blaming China economy has the cause of the decline. How can?
So, what will happen to Golden Agri Resources in the 2016? If you will recall Golden Agri has not been performing from a stock price stand point for many years. The peak was in January 2011, at 82 cents. Since than the stock has been bearish. The worst was in August 2015, only price at 28 cents.
What will the situation like for 2016? Will see.
Picture Worth a Thousands Words
MACD is showing weakness; potentially the price may be changing direction.
Moses Stocks Analysis and Scan
Disclaimer: All information, data and material contained, presented, or provided on amibrokeracademy.com is for educational purposes only. It is not to be construed or intended as providing trading or legal advice. Decisions you make about your trading or investment are important to you and your family, therefore should be made in consultation with a competent financial advisor or professional. We are not financial advisor and do not claim to be. Any views expressed here-in are not necessarily those held by amibrokeracademy.com. You are responsible for your trade decision and wealth being.