Golden Agriculture: Beware of Reversal!

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!

This Post Has 2 Comments

  1. Desy

    Bro, what prog u using for the Fibonacci chart?

  2. Marubozu

    I am using chartnexus for charting. There is also a Fibonacci drawing tools there.

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