GoldenAgri (GAR) breaks out from a Symmetrical Triangle. Price target of this breakout is $0.825 which is also the previous resistance. The following are some bullish signals to support the future up trend of GAR:
- GAR moves above 20D, 50D and 200D MA. 20D MA is going to cross above 50D MA soon.
- MACD Bullish Convergence.
- GAR did not reverse the trend when a Bearish Engulfing Candlestick pattern was observed. This is a pattern failure.