Golden Agri breakout from a Rising Wedge with huge volume and the price target of this breakout is $0.73 as per previous analysis. $0.615 is a good entry level if Golden Agri pulls back to $0.615 and this resistance turned support is reliable.
OCBC Bank has formed multiple tops with resistance at about $9.13 and currently trading in a Rising Wedge. Rising Wedge is a reversal pattern in an uptrend. Breaking down this Rising Wedge will send OCBC share price to $7.40. OCBC stock price is currently trading just above the 200D MA support. This 200D MA support coincides with the Rising Wedge Support. The chart looks bearish at the moment.
Goodpack’s chart show a Rising Wedge formation and maybe an Ascending Triangle formation. At the current chart pattern, Goodpack may be coming down to test the wedge support at about at $1.50 to $1.55 level, somewhere near 78.6% FR level. Punching below the 20D MA support is the 1st signal. Next immeidate support is 50D MA.
