Thursday, May 16, 2013

Indofood Agri (technical)

Indofood Agri - Indicators showing a mix of views, with RSI looking positive for somemore upside, while RSI is beginning to hook downwards again. ADX is beginning to turn downwards again, while could suggest that the recent uptrend could be losing some steam. The counter is currently testing its 20 day MA at $1.10 which will be the stocks near-term support.

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