Thursday, July 26, 2012

Singapore Stock Chart: IndoAgri

Indoagri has been down for 6 days, and currently price is near the 40ma support, short term is oversold. Short term traders might be interested to trade this stock as the risk and reward is quite ok.  E.g Entry at 1.385, Stoploss is 1.345. Short term profit target is 1.50. RRR almost 1:3. Timeframe 3-10days.