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Friday, March 10, 2023

Olam Group

 Indeed she has risen up to touch 1.71 but retrace back to close at 1.65. 



Let's see if 1.62 can hold ! If not, she may gostun to 1.60 then 1.56.

Pls dyodd.


 Last Friday she has a nice breaking out of 1.63 plus high volume this is rather bullish! Likely to continue to trend higher!


Short term wise,  I think she is rising up to test 1.71 then 1.81 with extension to 1.91. 

Pls dyodd.


 Come Monday- 27th Feb she will be reporting her FY results before trading hours!

Hopefully, results will be good cum dividend of 4.5 cents ! 

IPO listing may drive the price to the next level!

Pls dyodd.

 High probability she may cross over 1.63 and rises higher. 

Pls dyodd.



 Chart wise,  bullish mode!

Likely to continue to trend higher!



Short term wise,  I think she is rising up to test 1.60 then 1.66 with extension to 1.72.

Pls dyodd.


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