IndoAgri: Price Target After Breaking Down from Rising Wedge

Follow up from previous post of IndoAgri’s forming of Trend Reversal chart pattern (Rising Wedge).¬†

IndoAgri may rebound at the 61.8% Fibonacci Support at about $2.545 before heading towards $2.30 or somewhere near 200D MA.

Where is the safe entry level? I will wait for IndoAgri to get near to the 200D MA and relook at the chart again. 200D MA is still on uptrend.

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