Monday, May 12, 2008

Golden Agri Internal Trendline Support


Red internal trendline still holding. If this immediate support fails the next support is at 90 cents followed by the black uptrend support line. Immediate resistance is at the horizontal resistance line of the ascending triangle formation. Breakout above 98 to 97.5 cents resistance band will propel price towards the next resistance at $1.07 .

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