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Wednesday, January 20, 2010

IndoAgri - Critical Chart Point !

IndoAgri has arrived at a critical chart point today. The intra-day low at $2.26 touched the steep up trendline ( gold line ). If it is able to bounce up from here, all is fine! Otherwise ( ie: if the golden color trendline is penetrated decisively ), we can expect $1.90 in the near term.

I have made a quick profit the last two days. A quick entry on Monday at $2.32 & exited on Tuesday at $2.37.

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