A look at the broad market. This is another weak day. The STI closed at 2772, barely above the support level of about 2768. The STI has been threading water above this level for this week. It is weak. The only good thing i see is that we have stopped falling. Most of us are at 'wait and see mode'.
Today's price action for NOBLE GROUP looks a quite bullish. Volume is starting to build up for this stock and it appears that it has found good support at around $1.05.
Golden Agri's price action also looks quite good. It also looks like it has found support at about $0.63. I think it will retest $0.67 again.
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