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Golden Agri-Res    Last:0.29    -0.005

GoldenAgr

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squallsim
    11-Mar-2011 11:21  
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thanks
 
 
rotijai
    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

squallsim      ( Date: 11-Mar-2011 11:11) Posted:

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?

 
 
squallsim
    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?
 

 
rotijai
    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.

squallsim      ( Date: 11-Mar-2011 10:56) Posted:

i see that some of you here are waiting for .58 does that means that it'll fall that low?

 
 
cathylmg
    11-Mar-2011 11:03  
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This one follows STI. If sti u-turn, it will follow suit.
 
 
squallsim
    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?
 

 
rotijai
    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.

squallsim      ( Date: 11-Mar-2011 10:52) Posted:

hi i'm new here, can i short at .655? pls advise me.

 
 
squallsim
    11-Mar-2011 10:52  
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hi i'm new here, can i short at .655? pls advise me.
 
 
yummygd
    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

epliew      ( Date: 11-Mar-2011 08:50) Posted:

did u short too ?

yummygd      ( Date: 10-Mar-2011 14:07) Posted:

sweat...


 
 
cathylmg
    11-Mar-2011 09:47  
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It look exactly the same as the stochastic chart.

rotijai      ( Date: 11-Mar-2011 09:39) Posted:



next support at 65 and then 62..

aftertat we will be looking at 58

trade with car

cathylmg      ( Date: 11-Mar-2011 09:38) Posted:

Looks like shorters are still not done with this one yet! Sell queue  gets a top-up everytime buyers come out at 66.5


 

 
rotijai
    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

cathylmg      ( Date: 11-Mar-2011 09:38) Posted:

Looks like shorters are still not done with this one yet! Sell queue  gets a top-up everytime buyers come out at 66.5

 
 
cathylmg
    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
 
 
GuavaXF30
    11-Mar-2011 09:34  
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I also hope so.....

bishan22      ( Date: 11-Mar-2011 09:26) Posted:

Wait further for 62 before knocking the door.  Smiley

 
 
bishan22
    11-Mar-2011 09:26  
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Wait further for 62 before knocking the door.  Smiley
 
 
rotijai
    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

Joe2020      ( Date: 11-Mar-2011 09:20) Posted:

next station is 0.65 and will have a brief break before meeting me at 0.58

 

 
Joe2020
    11-Mar-2011 09:20  
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next station is 0.65 and will have a brief break before meeting me at 0.58
 
 
epliew
    11-Mar-2011 08:50  
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did u short too ?

yummygd      ( Date: 10-Mar-2011 14:07) Posted:

sweat....

Isolator      ( Date: 10-Mar-2011 12:34) Posted:

Now it reach my tp 67ct... Time to closely monitor.....


 
 
GuavaXF30
    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 ?

rotijai      ( Date: 11-Mar-2011 00:21) Posted:

commodity price falls.. dunno if it's good or bad for gar

 
 
epliew
    11-Mar-2011 08:48  
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hey, can short some more or not ?

Isolator      ( Date: 10-Mar-2011 23:26) Posted:

Just think like BB..  lol... Smiley

 
 
monk999
    11-Mar-2011 08:44  
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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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