Moses’s Singapore Stock Analysis.Golden Agri Resources, E5H Update

Moses’s Singapore stock analysis.Golden Agri Resources, E5H Update

 

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One of the Singapore highly traded stock failed to break higher; $0.79. The price action has retest $079 twice and $0.76 six times.  Can the price action remain strong to stay around this area.

We have seen Golden Agri inverted head and shoulders chart pattern. However, the price action has stayed at the neckline for sometimes. In TA the chart pattern will valid till when it fails.

 

Golden Agri Resources Daily Chart

Golden Agri Resources, E5H Daily Chart February 17, 2012

 

Moses, February 19, 2012

 

 

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