Wednesday, January 13, 2010

Golden Agri..Profit Taking?

The share price hit highest @ SGD0.655 on Monday. Suggested client to sell atleast 50% of the holding. Waiting for the right timing to re-enter again.

Entry point : Level 1 : SGD 0.55 #
Level 2 : SGD 0.50 #
Level 3 : SGd 0.45 #

Today Golden Agri closed @ SGD 0.59. If CPO price continue to drop, I think the share price may go down to the suggested entry price#.

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