Olam Intl after hitting the low of 1.635 on 8th April 2016 it had managed to trend higher to close at 1.725 on 22nd April 2016. This is quite bullish.
The current price is hovering above the SMA lines which is generally quite positive.
Also Macd is still rising and it may provide further catalyst for the share price to continue to trend higher.
Short term wise it may move up to re-visit 1.78 . Crossing over 1.78 with ease + good volume that may drive the share price higher towards 1.86 then 1.90.
(trade base on your own decision)
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