Tuesday, December 18, 2012

Olam update: Technical Analysis


MACD is oversold and has crossed over, with high volume. Possible bounce is imminent all the way up to the 50 day moving average at the 1.7 level, which also is the 50 percent retracement level. This is just an opinion and not a trading/investing advice. Trade at your own risk and do your own research and study.

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