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This blog is mainly for the convenience of archiving my investing thoughts and notes, and sharing with my close kakis. Hope you enjoy and participate in this sharing of notes and comments. Let's profit together from the bull ride as well as from mitigating the bear.

Wednesday, June 13, 2012

Golden Agri (GAR) rebounce/reversal

Downtrend since April, rebounce nicely fr Base .61
Today it broke Resistance of MA20~.64 wif volume, also broke downtrendline ~.645
Other bullish signals: three white soldiers, bullish divergence, bullish crossovers for Stoch n Macd, ADX +DI also hookup
Sup/Res=0.62/.67-.70

FA factor: Outlook of palm oil demand
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