Wednesday, 9 April 2014

GMG GLOBAL - MINI-BULL FLAG FORMING MAY REVERSE DOWNTREND INTO MAJOR RALLY ($0.10 or 261.8% TARGET)

We view GMG Global as the major undervalued commodities counter being a laggard among all agri-plays. We like GMG Global given its top shareholder SINOCHEM and China will be undergoing a massive STIMULUS to boost growth in 2014. It remain the key to the CHINA growth story being intact. Target will be set at $0.10 or 261.8% Fibonacci level. Stay FOCUS and we will monitor it.
 
 

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