Golden Agriculture: Where is the Next Support?

Goldean Agri has been on the down trend after breaking down from the Rising Wedge. CLICK HERE for previous post: Beware of Reversal.  This reversal pattern has a minimum price target to $0.668 which is close to the 50% Fibonacci Support, followed by $0.63 which is the 200D MA support. 200D MA has proven to be a very strong support for Golden Agriculture for past few occassions.  This $0.63 will be my entry point for short term trade if this stock has chance to come near to this level.

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  1. Marubozu

    $0.68 for GoldenAgri now! Getting near to my entry target! 🙂

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