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Friday, December 22, 2017

Olam Intl

Olam Intl - It has been on a drastic selling down after hitting the high of $2.47 on 23rd Oct.


It is still looking rather bearish. Current price is trading below its SMA lines .No sign of reversal yet!

Looks like it may continue to trend lower to revisit $2.00. Breaking down of $2.00 with high volume that may continue to see further selling down pressure towards $1.93 with extension to $1.88.

Not a call to sell or buy.
dyodd
( trade base on your own decision)

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