Post below is not a buy/sell call. Main purpose is to share on the Technical Analysis. Using different indicators will allow us to find a better entry for trading or even long term investing.
Golden Agri, I still consider this watch list worthy at the moment, but still waiting for a good entry. With reference to earlier’s posting: https://devouryourfear.wordpress.com/2015/10/30/golden-agri-30-oct-2015/
Moving Averages: 20dma & 50dma moving in uptrend momentum
Bollinger Band: Crossed Centre line, trending towards lower band (Wait)
Stochastic: Signals seem to be approaching oversold area (Wait)
Comments: Look to see if the counter bounces off the Lower Bollinger Band, with the bullish Stochastic signals crossover in the oversold region (Under 20%). This can generate a good entry point.
Possible Entry: $0.355
Target Price: $0.39
Timeframe: 2 weeks – 1 month