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Thursday, March 3, 2016

OLAM INTL

OLAM INTL - 3rd Mar 2016

OLAM INTL had a good thrust White bar presented on the chart today + high volume this is rather bullish. It had managed to cross over $1.67 with ease and closed higher at $1.71 on 3rd Mar 2016.
This is generally healthy.

Both Macd & RSI are showing sign of a positive divergence that may provide further indication that the share price may continue to head higher.

Short term wise it may move up to re-visit $1.86 then $1.92 with extension to $2.00.
(trade base on your own decision)


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