Wednesday, August 8, 2012

IndoAgri (technical)

IndoAgri: near term technical indicators are flattish, though there is a hint of Stochastics peeking out of oversold territory, which raises the odds slightly for share price to head higher and trade btwn the near term resistance area at $1.40 to $1.50. Critical support level at $1.35 (coincides with the 50 day MA).

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