Tuesday, March 22, 2016

Indofood Agri: A further breakout above 0.55 as mentioned last week.... now at 0.565

Have indeed seen a move above the 0.55 resistance, more strength from here still?

Sent: Monday, March 14, 2016 10:04 AM
Subject: ************ Indofood Agri: Pulling away from new support at 0.500 a good sign, more upside if 0.55 clears out too... price 0.535
Following up from last Friday’s call, we have again seen Indofood Agri try to push upwards forming a higher high again today at 0.535 as of now. Seems like heading towards our first target at 0.55. Any further move above 0.55 can see more strength towards 0.60. Raise stop loss to protect profits people.

Sent: Friday, March 11, 2016 2:16 PM
Subject: ************** Indofood Agri: Breakout seeen above 0.500 indeeds, more upside above likely, price 0.515
From yesterday, we have indeed seen the 0.500 psychological resistance clear out and we may start to see more short term momentum towards the 0.55 then 0.64 level as mentioned yesterday. As long as 0.500 holds as the support now, still a short term positive with a new recent high set at 0.52 today.

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