Golden Agri not Ugly anymore?



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Chart looks interesting. Golden Agri has been trading within a channel since mid April. 

A - Bullish Macd divergence(Macd showed a higher low, while security showed a lower low)

B - Bullish RSI divergence(RSI showed a higher high, while security showed a lower high) 

C - Current price action is trading above a consistent uptrend support.

D - Bullish signal crossover before the initiation of the current uptrend

Price have successfully broken out from its channel. Current resistance turn support is at 0.56. Hope the uptrend is sustainable with more volume. To each his own

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