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Wednesday, May 13, 2009

Olam

A friend of mind requested for a more thorough analysis & chart on Olam. I have done the below for her and at the same time updating here:

[Quote] Attached are two charts for Olam. One is the zoom out view giving you the big picture, another is the close up view showing the flag formation. Please note this is as accurate as today. A chart pattern is not a chart pattern until it is complete and the breakout takes place. Both daily & weekly charts are still bullish based on Parabolic SAR. Cut loss at : $ 1.75. [Unquote]




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