Taking a look at Noble and IndoAgri. These are still very early part of the trend and whether it will sustain remain to be seem. However, based on the charts, the prior downtrend maybe over.

From Indofood Agri,the Trend Impulse Factor (TIF)show that the signals up is starting to develop strength as it move from negative(red) to positive(blue) .

The Cumulation of Momentum(COM) is also turning positive.

Noble group also looks like turning up with the COM turning positive.

In conclusion, I would say these are very early buy signals on TradersGPS. Whether the uptrend will sustain remain to be seen. However, if you buy at current level, you will not be buying a downtrend stock based on TradersGPS.

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