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Thursday, April 21, 2011

Golden Agri

In response to the question from Style, Golden Agri has turned bullish. I see higher high and higher low in the chart.
In the mechanical chart, we have 'long ribbon' and 'blue candle'. Once we see a 'green arrow', it is time to go long. I will monitor this and will update the chart the moment buy signal surfaced. Of course, it look safe to preempt the trade if you wish to take advantage of lower price before buy signal surfaced (stop loss at .66).