Golden Agri 30 Oct 2015

Golden Agri been moving in a uptrend since the start of October. It broke out of the Bollinger Squeeze, which can be seen during month of September.

Can look to watchlist this counter.

Moving Averages: Look to see if the 20dma can act as a support for GAR
MACD: Signals seem to show a Bearish Crossover.
Stochastic: Signals are still not in the oversold region yet

If it can rebound from $0.38, it might have a good possibility of continuing further upside..

Golden Agri


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