July 5-8, TA for Golden Agri

TA for GoldenAgri,

• Trend - Flat
• Momentum - upward slope into Overbought
• Support - 0.645
• Resistance - 0.705
• Candlestick - NA
• Volume - Below Average
• Pattern - Symmetrical Triangle (high probability - a breakout (upward) will happen)

Golden Agri is stuck and trading into a narrow band (forming a symmetrical Triangle) with decreasing volume (means - Bear is losing steam). A possible breakout might happen soon.