Disclaimer

Disclaimer:-Please note that all such analysis is provided by way of information only. All of the information was and should be taken as having been prepared for the purpose of reference only and that none were made with regard to any specific investment objective, financial situation or the needs of any particular person who may receive the analysis. Any recommendation or advice that may be expressed in or inferred from such analysis therefore does not take into account and may not be suitable for your investment objective.

Monday, December 17, 2007

Olam 171207

Olam open on the downtrend resistance (red dashed) and broke through 2 support trendlines (red dotted and green) today. It almost touched the downtrend support (green dashed - which I've added today).

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We could see Olam testing support @ 2.42 (green dashed) with resistance @ 2.52 (red dotted) and 2.57 (green).

Good Luck !!
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