Friday, September 14, 2012

Olam (technical)

Olam: chart looks positive on a break above $2 resistance, closing the gap in mid May. See a test of $2.13 in the near term (200day MA coincide with classical resistance), supported by bullish indicators. RSI and Stochastics are rising strongly, and MACD has just recorded a positive crossover.

No comments:

Post a Comment