December 29, 2014
Indofood Agri Resources and Golden Agri Resources Comparison
Indofood Agri Resources Ltd (5JS.SI) and Golden Agri Resources Ltd (E5H.SI) are some of the hot stock list in 2011, however the price for both has fallen since then. 5JS has fallen from near 3 (2.99) dollars to now around 66 cents. As for E5H has fallen from 83 cents to now 42.5 cents.
Chart worth a thousand words. The PA has fallen below MAs and travel along the lower band of Bollinger Bands. See charts for more details.
Can these two stocks turn around in 2015? The price is low. Is the price now really to bottom up? Catch a falling knife! Will, it might be too early to expect the price to travel north. Keep monitor these stocks. There might be opportunity when MACD is near zero line.
But, remember all setup can fail.
See both 5JS and E5H weekly charts, data from 2011. Chart worth a thousand words.
Again, remember all setup can fail.
Other posts related to 5JS and E5H
1) More about 5JS
2) Posts related to E5H
Thanks for visiting the site, AmiBrokerAcademy.com.
Moses
DISCLAIMER
Stock trading is not a get rich quick scheme and it is high risk.
Information provided here is of the nature of a general comment only and no intend to be specific for trading advice. It has prepared without regard to any particular investment objectives, financial situation or needs. Information should NOT be considered as an offer or enticement to buy, sell or trade.
You should seek advice from your broker, or licensed investment advisor, before taking any action.
Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids.
Trading is personal. You are responsible for your own trading decision.
The comment is the author personal experience. There is no intent for your believe and follow.