Wednesday, April 18, 2012

Golden Agri

Golden Agri: Technical Buy Call by UOB kay Hian with a potential 10.6% return $0.83 TP. House note that stock is likely to rebound as it is still above its uptrend line and its lower
Bollinger band could be acting as a support for now. Do keep an eye on a possible bullish crossover at its daily Stochastics indicator. The alternative exit for this long position will be if
the stock falls and close below $0.72. House institutional research has a fundamental BUY with $0.95 TP.

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