Archive for the ‘Olam’ Category


Olam – higher low seen but..

Olam, although formed a higher low, which is a bullish sign, it is now in overbought region. Which means there is a possibility that profit taking could be expected. Over the last 3 weeks, Olam has been trying to go higher, but the candles have small body. Could it be a slow but steady or [...]

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Olam – ambush trap setup

Waiting to ambush Olam for short position if it can reach the highlighted area. That would be a good price to short as all the moving average seems to be going there. In addition, it is a downtrend counter…

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Olam (on request) – At crucial support

Olam is at crucial support of 2.20. Overall, it is a downtrend but may have a technical rebound. To the upside, there are 2 trendline resistance that may stop it from going higher. Therefore if tomorrow can go higher than today, long small run fast strategy.  

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