Monday, October 22, 2012

Olam (technical)

Olam - Counter appears to be testing both its 50 day MA, which has been a good support in the recent mths. Note however that RSI appears to be turning downwards and Stochastics is at Overbought territory. Near-term support is tipped at $1.90, while resistance could be found at the 200 day MA at $2.10

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