Golden Agri has always be showing a lower high and lower lows, technically a weak stock. On Friday it had closed at 0.57, matching last year Aug/Sep 07 stock price.
Everytime MACD + RSI show stocks been oversold, this counter always show another recovery of around 0.05. Good counter for contra playing now, given price low at 0.545 my target price within contra period will be 0.595.
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