Golden Agri after hitting the low of 31 cents on 15 Dec 2015 and had managed to stay a rebound to close higher at 38.5 cents on 5th Feb 2016. This is rather positive.
The current price of 38.5 cents is staying above both 14SMA & 25SMA lines that may provide further drive to push the share price higher.
Also both MACd & RSI are pointing upwards which may support the share price of heading higher towards 41.5 cents .
Crossing over of 41.5 cents with ease + good volume that may propel to drive the share price higher towards 45.5 cents.
(trade base on your own decision)
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