Monday, December 17, 2007

Golden Agri 17th Dec 2007

Golden Agri 171207

Big down bar today.
Opened at $1.86, right on the yellow uptrend support line, and closed at day low of $1.73.
Most volume done at $1.78, with 1.96 millions of shares done there.
This price used to be the support. Remembered 225 millions of shares married deal on 30th Nov2007? Now became resistant.
It broke the long term uptrend support of $1.76 (another resistant) too.
First support at $1.72 - $1.73.
Next should be $1.60 - $1.61.
Then will be $1.49.

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