Golden Agriculture is forming a Rising Wedge. Rising Wedge in an uptrend is a trend reversal chart pattern. In addition, GoldgenAgri stock price now is trading near the 61.8% Fibonacci Retracement Level. This level will probably a strong resistance after 3 months of bullish uptrend. So, beware of reversal!
- Post author:Marubozu
- Post published:January 6, 2011
- Post category:GoldenAgri
- Post comments:2 Comments