Golden Agri

Golden Agri: Sias Technicals says the charts tip a temporary retreat in Golden Agri is underway, with a bearish engulfing pattern emerging after last week's close and the price capped by $0.668, the 38% Fibonacci resistance. But adds, oscillators are still rising . The price should find support as it approaches the rising 23% Fibonacci support at $0.642. If the markets remain resilient, price should not fall below $0.650. Says, overall, the uptrend remains intact, and is well supported by the positive cross between the moving averages. Tips share price to rise gradually with an objective of $0.70. Recommends buying on dips when the stock corrects to $0.65 region as the midterm view for this counter seems bullish. The stock is down 2.3% at $0.65