IndoAgri

Commentary:

The prior low at $0.37 proves to be strong support. Price is now on a new up trend channel. The strong vol on last trading days seens to suggest more upside to come in near future.

Strategy:

Traders can consider long position if the intermedate resistance line since the high of Sept 22 is broken. Another strategy could be to initiate position at the lower band of the new uptrend channel. Cut lost once lower band trendchannel is broken.