Indofood Agri is reporting its result on 14 August 2012. For the past 2 weeks, Indofood Agri has been trading range bound between 1.355 - 1.430 (gap 1.430 - 1.445).
A move above 1.445 will see resistance of 1.485 - 1.520 and retest the Median Line of both downtrend and uptrend Andrew's Pitchfork, followed by 1.840 - 1.880 in extension.
A move below 1.335 will see test the lower bound of uptrend Andrew's Pitchfork, followed by 1.140 - 1.200.
For aggressive, go range bound trading.
