Moses’s Singapore Stock Analysis.Golden Agri Resources Update
Did you moved the stock price? Up? Or Down? Sideways?
In last week Who Moved My Stock Price article we have covered that the stock price moves because of people, and you are one of them. You are influenced by the news and your emotion is affected by the market. You may sell to take profit because you worry the price is not sustainable at the same level or the worst may travel south. Or you may think it is a good stock to invest in and it is a good price to buy.
We probably have read the article on The Straits Times regarding Golden Agri Resources has dropped in it output and revenue, but this week the stock price has stopped traveling south and started to move north sharply. Why? It is the market emotion. The demand for the stock is still remain high after a week of drifting south. See stock chart for details.
If you want to know what you miss, see the last week posting for details – Who moved my stock price?
Golden Agri Resources Daily Chart
Golden Agri Resources, E5H Daily Chart, March 9, 2012
It is a good practice to assess your stock every few months. The objective is to understand the market characteristic and make two decisions, either continue to hold or exit soon.
Welcome to Moses’s Singapore Stock Analysis at AmiBrokerAcademy.com. Thank you for visiting the site. You are here because you want to know why the stock moves or the stock will move in the near future.
By Moses, March11 2012
DSICLAIMER
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