Replies to post #140414 on Sino Agro Food Inc (fka SIAF)

[Redbull84]

https://invst.ly/7mxez
https://invst.ly/7mxoc

It's been more like a technical heaven :p

I would be good with both of these options.
I really like that someone actually buys shares here. It was a long time ago since we had any kind of support.

And as I said a week ago, OBV is the best indicator to see when it bottoms out.

However, need it to go above MA100 (the black line) to get a true buy signal.

[Traderfan]

I'm not buying here. I got a few back when it made that downmove on the way to close the gap which almost happened but not entirely but still close enough I guess, now I'm watching. I keep it small, I simply have zero trust or confidence in anything these guys do and for me safety is always first in any trade or investment. The MA50 doesn't mean much here at the moment, the MA100 sure does IMO. The trend overall isn't changing until you get a few days close above the MA100, then there is a good chance. Until then we will see, we have seen a dozen nice looking bounces with nice buying interest just to see the stock get hammered down again on even bigger selling interest so at 40 cents right now this is no mans land IMO, nothing to get excited about right now. Also the stock has put in one lower high after another one for I don't know how long now. It needs to reverse this as well. The last trading high recently was around 50 cents so this would be the first step and the last significant interim high was at 73 which would also be above the MA100. Above that we are talking. Just my 2 cents.