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.

Sunday, April 6, 2008

Olam 040408

Updated the trendlines for Olam.

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Olam tested the 2.47 psychological resistance (red ...) twice, on 03 and 04 apr. Having been on the up since 20 mar, we might see some profit taking for Olam next week.

For monday :

Support @ 2.44 (mid red), 2.33 (low pink, mid green), 2.30 (low red), 2.218 (blue)
Resistance @ 2.47 (red ...), 2.50 (upp pink), 2.52 (upp green), 2.60 (pink ...)

Good Luck !!
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