If you use CFD to short, you are laughing all the way to the bank.................in either side, be on the right side.......

The descending triangle formed and was broken down. Now heading south towards 0.38 cts. May test 0.35 or even 0.28 before rebound. Do our due diligence before taking up position to invest/trade.

Next support at 0.505, this stock may at range trading now between 0.505 and 0.57. If 0.505 is a strong support, this stock may rebounce up for short term. Just based on TA analysis. Do your homework and invest/trade prudently.

In http://www.midas.com.sg/ir/index.html can provide answer 1) to 4), but you will need to read carefully and between the lines. Please help extract the info and share here if you have times. Let us see what happen when we go down the time tunnel....in TA, price discount everything....no 5) risk factor? yes, big players can play OUT small players, this is the fact, so go along with them not against them.

BBs suppressing price....descending triangle forming with resistance at 0.445 ~ 0.450, support at 0.425, may go down to test 0.425 before rebounce...do your own study first before acion....

at cross road now...short term may challenge 0.56, but mid term should go down to 0.505....any comment??

opened 0.555, closed 0.56 with 21.36M changed hands, it touched the resistance line formed by the downward channel (too bad I can't attach its chart for viewing). Be careful for those who want to take a long position. Base on TA, my assessment is that if Golden Agri unable to break up at hold well above 0.56, this stock shall retract toward 0.51 ~ 0.52 region. Do your homework, trade and invest prudently...!

Golden Agri formings a downward channel, short term resistance at 0.55, high potential it will go and test 0.51 ~ 0.52, shall find a strong support at 0.505, outlook for short term still bearish....do your homework and trade/invest prudently...

short term situation.....buying interest at 0.44, may want to drive down by buyers to 0.435 to maximize potential profit, resistance at 0.455. If we have a much stronger buying interest, then this may break 0.455....if Midas can hold above 0.455, then it breaks the descending triangle resistance line and will go north.....do your own homework and trade/invest prudently.....

If you study the price chart of Midas, you will notice a descending triangle is forming, such trend started on 28 Jan 2013 with a high at 0.58 cts, then experienced lower highs at 20 Feb 13(0.575), 27 Mar 13 (0.55), 20 Aug 13 (0.54), 7 Jan 14 (0.525), 9 Apr 14 (0.495), 29 Apr 14 (0.48), 10 Jun 14 (0.465), 8 July 14 (0.455). Last Friday, it experienced a strong buying with 5.02M changed hands, movement hovering 0.435 and 0.445 (opened at 0.44, low 0.435, close at all day high of 0.445). Now world cup over, the punters should come back to stock market. Let see if this stock moves up to test the resistance at 0.45?? otherwise, it will go south toward 0.425....do your homework and rtade/invest prudently.....

Heavy selling was evidence yesterday for golden agri as the stock dropped 1 cent from 0.555 to 0.545 with 33.45M changed, I noticed there was a increasing trading vol since Monday. There was some effort to push the price up to a high of 0.56. However, seller out number buyer and pushed it down to 0.545 and closed there when the market closed. Will today see buying interest back to support this stock?????

Golden opened at 0.555, hovering around the price range of 0.55 and 0.56 on 8 July 2014 with 11.3M changed handed. look like the price positions at 0.50 and 0.555 found resistance as well support with reduce vol trade. The market sentiment is a cautious one, majority of the players are looking for direction now. From a fundamental analysis point of the CEO of golden agri said this in its Q1 2014 press release.

INDUSTRY OUTLOOK (http://www.goldenagri.com.sg/pdfs/News%20Releases/2014/GAR24-14-05-2014%20-%20Press%20Release%20-%201Q2014.pdf)

Chairman and Chief Executive Officer, Mr Franky Widjaja commented: “We are confident on the positive long-term outlook for the palm oil industry. Demand growth is expected to continue in both food and non-food usage which include biodiesel and oleochemicals. We expect that the low cost of production and high efficiency in land use will ensure that palm oil continues to be the most competitive edible oil to meet growing future demand. The industry experienced positive momentum starting from the second half of 2013 after the Indonesian Government’s announcement to increase its biofuel targets. On the supply side, there is increasing evidence of a potential El Nino occurring in 2014, which historically is positive for palm oil prices. Meanwhile, we expect CPO prices to continue to be volatile as influenced by global economic conditions and crude oil prices.”

It seems to me if you are a mid-to-long term investor, this stock worth accumulation. short term, I felt that this stock may face some upward resistance at 0.555 or 0.56, if it break up, then it will move toward its next strong resistance region at 0.57 and 0.58 before it challenges 0.615....trade/invest prudently and do your own homework before you act.....

More news on Golden Agri strategic move..." http://seashipnews.com/News/Golden-Agri-Resources-and-Louis-Dreyfus-Armateurs-join-forces-in-Indonesia/3w3c2361.html".
Long term wise shall see golden agri cost effectiveness in its sea-freight, this should value-add to its stock???? and impact positively its bottom-line?....Do our homework before we trade/invest into this stock....

On last Friday (4 July 2014), saw this stock with increased volume to 29.43M changed hands. There was heavy buying around 0.55 and 0.555. This sock opened at 0.555, ever went down to 0.545 and ever shoot up to 0.56, closed at 0.55. Personally, I felt many buyers entered their positions already, should see more support this week, however, resistance level shoud around 0.565~0.57....When world cup going to end by next early or mid week, activity should back to stock market....trade/invest prudently.

Midas had been traded between 0.435 & 0.44 for the past 5 days.....bearish sentiment was felt...however, will the non-farm payroll that lifted the US market yesterday be felt here to STI today? will such sentiment over-spill to midas as well....wait and see today how it go....

A piece of news might had fueled the price to head north these few days...." Golden Agri-Resources (GAR) proposed the collaboration with Louis Dreyfus Armateurs Group (LDA) through a 50:50 equity participation in Orchard Maritime Services (OMS), a subsidiary of LDA. OMS currently operates a fleet of modern vessels capable of transporting various agricultural and mineral commodities as well as GAR’s cargoes. The joint ownership of OMS will create a reliable and efficient maritime transportation network in Indonesia."

This stock opened 0.55, reached a high 0.555 and closed there on 3 July 2014 with 19.19M changed hands.

Overall STI should be good today as the US non-farm payroll was good yesterday "A strong jobs report Thursday was enough to push the Dow Industrials to their first close above 17,000 in holiday-shortened trading. Here’s the recap of the day’s record activity. Also see a compact rundown of the day’s trading activity in Market Snapshot."

With this, are we expecting this stock will go further north today???

Trade/invest with prudent.....good luck!

2 July, Midas opened 0.44, closed 0.435, with 2.649M changed hands, this counter still under selling pressure.....note that there were higher Vol compared to the last 2 & 3 days, clearly there were more people to unload this stock....trade/invest prudently....

With the STI gained 21 point at 3264, I saw Golden Agri had some buying interest on 2 July, opened at 0.545, and closed at 0.55 with 27.2M changed handed. We shall wait and see how market move today...The US non-farm payroll due to release on Thursday (US Times; which will be around night time in Sg have a positive note from the market. So come Friday STI will react positively or not??? Will this help lift Golden Agri this Friday too???

On 1 July 2014, this stock formed a gravestone doji with low vol transactions (1.224M changed hands). Opened 0.435, high 0.440, closed back at 0.435. No much interests in the market to trade?? However, sentiment was a bearish....wai and see where it heading...My view was that buyer may try to push it back to above 0.445, otherwise, it will head south to rest at 0.43 or 0.425....trade / invest prudently....

While we enter the month of July, this stock opened 0.55, closed lower at 0.545, reached high at 0.555 with 48.18M changed hands. Clearly it was under selling pressure (Vol was high than the previous day too). Next possible support at the range of 0.53 & 0.52. For those who want to accumulate this stock, my view is that we should wait and see if this can hold at around 0.505....good luck, trade/invest prudently and do your homework before you act.....

On 30 Jun 2014, this stock opened 0.44 and closed at 0.435 with 1.315M changed hands. Whole day transaction was bearish...maintained the view that this stock should move toward 0.425 where the strong support is there....trade/invest prudently..

On 30 Jun 2014, movement range between 0.565 & 0.555, opened low at 0.555, closed at 0.56 with 38.16M changed hands. It broken but stayed at the short term trough of 0.56 during closing. Yesterday clearly was under selling pressure. I think the downtrend should continue, if you have faith in this stock, maybe a dollars cost average strategy may work......the next support around at 0.53, a stronger support at 0.505....For those who cannot hold, better run and re-invest your capital elsewhere, unless you are in the right direction --- shorting.....Do you own homework and trade/invest prudently....

This stock had been consolidating bet 0.58 & 0.57 bet 30 May till 19 Jun, it broken the support at 0.57 on 20 Jun, since then trying to break this support turned resistance till 27 Jun. On 27 Jun, this stock formed a gravestone doji....share with you guy what this means....for educational purpose but not advisory....study carefully and make your informed decision.....good trade.....

" Gravestone Doji: Gravestone Doji Market Psychology: ----
Any Doji candle by definition has the close at or near the close price. Gravestone Dojis have a high wick reflecting a rally during the days trading. Candlestick traders will watch the following day to see if buyers are able to take control of the market trend. When day-threes price holds above the Greavestone Doji, it suggests that short positions may cover their exposure, closing out their sell positions and leading to the weakening of the bear market. Many bottom pickers will start buying once that occurs, leading to a bullish reversal."

Shot to mid term, I am still expecting this stock move toward 0.505, at which I think has a strong support....

Oop, here is the link...http://blogs.wsj.com/moneybeat/2014/06/23/ramadan-unusually-not-good-news-for-palm-oil-sellers/.
Invest / Trade with care.....!!

I read from The wall street Journal on 23 Jun 2014, it summarized the outlook for palm oil as "The outlook isn’t very encouraging for palm oil exporters. Some market analysts expect higher prices ahead, lasting well into 2015, further crimping sales, due to dry weather expected in coming weeks and months brought by the El Nino weather system". Will Golden Agri get affected? Should I TP now and buy later????

On 26 Jun 2014,
opened 0.44, high at 0.445, low at 0.435, closed at 0.445, short term may test 0.45/0.455, if cannot break out/up, then I expect this go south, I am see the next support still at 0.425....very bearish I felt for this stock....will 0.425 a good entry point to buy???

short term will this stock test the support at 0.425 and then rebound?

This stock reached 0.57 on 28 Jan 2013, started its down trend after it touched 0.54 on 20 Aug 2013, since then it reached with few lower highs at 0.525 on 7 Jan 2014, then at 0.495 on 9 April 2014, then on 29 April at 0.48, then on 10 Jun 2014 at 0.465, it broken the support at 0.445 and closed 0.44...If I will you, I will run...what is your view on this?

Moved between 057 and 0.56 on 24 Jun and closed at 0.565 with 16.67 M traded, look like this stock trying to break the resistance a 0.57 to enter back range zone of 0.57 & 0.615. However, I viewed this as the tactics for those already trapped and trying to close their buying positions on rebound. Mid term wise, I am looking at this stock may trend down towards 0.505. Anyone have other comment/view point? please share!! Thank!

This stock touched 0.615 a total of 12 times since mid-Nov 2013 till 23 Jun 2014, however, failed to break through this resistance level. It broken it's strong support at 0.57 on 20th Jun 2014.....it was closed 0.56 on 23 Jun 2014, is this stock moving toward 0.505 in mid-term? Anyone care to share??

Midas since 4 Apr hovering between 0.465 and 0.48. next support around 0.445, resistance at 0.49.....this stock is looking for direction now....wait and see.....where it will go.

nice broke out at 1.17, tested 1.19, closed at 1.18, if 1.17 proof to be a strong support, then this stock should have rising potential.......

will this stock challenge the next resistence at 0.61?????

Technically, since 17 mar, this stock formed a nice ascending triangle with resistence at 0.59, there was a small gap between o.59 & 0.595. Will this gap be close soon???

Golden agri now at cross road, sideway a bit around 0.585 - 0.59 these few days, the future crude palm oil saw a potential price increases; http://www.palmoilhq.com/crudepalm-oil-cpo-futures/, what fundamental suggested is a uptrend potential....so the stock price logically will go up???

vol traded on 3 April was 16.87 Mil, up 3.41% ( + 0.015), today expect TP??? time to go in???

Volume very high this morning....flying now???

support at 0.425, moved up to 0.44 now...upside potential to 0.47????

13th Mar open 0.61, high 0.615, low 0.59, closed 0.595, time to take profit and run for short term????

cosco ever at its low at 0.605 on 28 Nov 2008, more recent low on 28 Aug 2013 at 0.665....this means it still have chance to go down by 4.5ct...from yesterday closed 0.71....but what was the possibility?? anyone can advice?

Get some company's info from Reuters about cosco's management:

It said the company's VP, Xu Minjie resigned after a day wheh he was under investigation by the authorities, understand that phrasing used was " corruption investigation"' this is going to add pressure to this stock price........

Just google using "cosco" you will get more info from Reuters; tried cut & paste but was being alerted this act violates the copyright stuff...