Olam Group - She has managed to touch 1.25 and closed well above the resistance at 1.23 , well done. Looks rather bullish and we may see her conquering 1.25 soon!
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A nice breakout of 1.25 smoothly she may rise up further towards 1.30 to 1.33 with extension to 1.46.
Pls dyodd.
28th November 2024:
Olam Group - She may rise up to test 1.25 again. A nice breakout smoothly plus good volume we may see her rising up further towards 1.30 and above.
Beyond 1.30, she may rise up to test 1.40 - 1.43.
Pls dyodd.
1st November 2024:
Olam Group - non-biding indicative offer fom Saudi Agricultural and Livestock Investment Company ! Looks like a great opportunity for Olam to unlock values!
Hopefully, this may revive the weak price patterns for this counter!
She needs to overcome the resistance at 1.23.