Latest Forum Topics / Golden Agri-Res Last:0.285 -0.01 | Post Reply |
GoldenAgr
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squallsim
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11-Mar-2011 11:21
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thanks | ||||
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rotijai
Supreme |
11-Mar-2011 11:17
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the support now is at 65 and with today's sentiment, unlikely it will go up at the moment. so the choice is urs.. either stay out of market or buy or short
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squallsim
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11-Mar-2011 11:11
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i see maybe i misinterpreted that by the way what can we do for golden agri now long or short? or just stay out of market first? | ||||
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rotijai
Supreme |
11-Mar-2011 11:05
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noone can answer u that queston.. they are saying they will buy only  if it drops to 58.
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cathylmg
Elite |
11-Mar-2011 11:03
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This one follows STI. If sti u-turn, it will follow suit. | ||||
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squallsim
Member |
11-Mar-2011 10:56
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i see that some of you here are waiting for .58 does that means that it'll fall that low? | ||||
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rotijai
Supreme |
11-Mar-2011 10:54
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if u wanna take a risk, short at 655/65, betting tat it will break 65 support, if it doesnt break 65, u have to break ur wallet (cut loss) if u wanna be defensive, forget about shorting at this price.
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squallsim
Member |
11-Mar-2011 10:52
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hi i'm new here, can i short at .655? pls advise me. | ||||
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yummygd
Supreme |
11-Mar-2011 10:35
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no u shorted arh!! congrates!! im waiting to buy at 0.58 good luck .btw isolator is really scary. on the spot. wah lau
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cathylmg
Elite |
11-Mar-2011 09:47
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It look exactly the same as the stochastic chart.
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rotijai
Supreme |
11-Mar-2011 09:39
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next support at 65 and then 62.. aftertat we will be looking at 58 trade with car
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cathylmg
Elite |
11-Mar-2011 09:38
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Looks like shorters are still not done with this one yet! Sell queue  gets a top-up everytime buyers come out at 66.5 | ||||
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GuavaXF30
Master |
11-Mar-2011 09:34
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I also hope so.....
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bishan22
Elite |
11-Mar-2011 09:26
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Wait further for 62 before knocking the door.  | ||||
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rotijai
Supreme |
11-Mar-2011 09:24
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if it ever drops below 65, it will rest at 62-61 first before deciding where to go
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Joe2020
Veteran |
11-Mar-2011 09:20
Yells: "I am the Oracle sent forth unto you that ye shall be warned" |
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next station is 0.65 and will have a brief break before meeting me at 0.58 | ||||
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epliew
Supreme |
11-Mar-2011 08:50
Yells: "no worries be happy !" |
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did u short too ?
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GuavaXF30
Master |
11-Mar-2011 08:49
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Obviously will be bad but have to ask why price fell. It's due to stock of CPO rising recently due to good harvest. Important to note, it's good harvest, NOT slow demand. So if GAR has also got good harvest, what is lost in price fall should be neutralised by more sales. Also, how long can price stay low ? Oil price running up like nobody business. See recent report about Neste. They rely on CPO for alternative fuel. Should this also not mean that CPO price will also track Oil price ?
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epliew
Supreme |
11-Mar-2011 08:48
Yells: "no worries be happy !" |
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hey, can short some more or not ?
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monk999
Master |
11-Mar-2011 08:44
Yells: "TA is an art!" |
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when using daily candlesticks, potential support usually at 50% of body of big candlestick. If it breaks, next potential support is at bottom of big candle. if i am a daytrader, and wish to go long, for current situation, i would wait to see any reversal candles at .66 (bottom of march 1 candle) and set stop loss below .66. SL is subjective depending on your trading style or your tolerance.  | ||||
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