Wednesday, March 23, 2016

Indofood Agri: Further push upward Again today from yesterday's note, Now at 0.585.... whoah....

Can the 0.600 clear too?

Sent: Tuesday, March 22, 2016 9:11 AM
Subject: ************ Indofood Agri: more upside above 0.55 now, price 0.56
We are seeing a further move above the 0.55 resistance level where we can see momentum continue. At current levels, it has also crossed above the 200 day MA line which can signal a longer term reversal taking shape. Target to 0.60 then 0.64 as long as 0.55 holds as the new support now, raise stop loss to protect profits. J

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