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2.62 now
ozone2002 ( Date: 23-Dec-2009 09:01) Posted:
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i am still not optimistic. this is just a technical rebound unless it can close above 2.63 with continuous high volume to support it.
u might be surprised:)
marubozu1688 ( Date: 22-Dec-2009 18:54) Posted:
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continue to buy on dip if there's opportunity
Olam chart looks bearish.
http://mystocksinvesting.blogspot.com/2009/12/olam-breaking-down-from-rising-wedge.html
stevenk ( Date: 22-Dec-2009 12:50) Posted:
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BBs are definitely pulling the strings for this baby..
CWQuah ( Date: 22-Dec-2009 17:24) Posted:
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One heck of a roller coaster today. Potential reversal, reversal candle formed.
accumulate more on dip
2.45 will be the next support.
Broke support.
Hi, I am seeing a bearish candlestick. Not able to see a good sign of upward trend. Please share. Thanks.
tanh2l ( Date: 22-Dec-2009 12:15) Posted:
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If this one clears 2.61 by today, it will start to get very interesting.
candlesticks show good sign of upward trend, hope it can sustain, esp with BB interest
i m not so optimistic. look like it is just a technical rebound. may drop further unless it can close above 2.63 with high volume.
Watch this one closely. There is BB interest.
oversold!
vol already going to surpass yesterday vol on an uptick
vested 2.59! huat ah!
food commod will be the next biz model wave to move, it will create another dot.com aka splash but hope not the burst. for food everyone need to eat whereas IT though good to have as competitive edge but not an essential armoury.
short term TP: 3.00, long term....god knows
i concur.. brace urself with food shortage come 2010..
u heard it first here..
stevenk ( Date: 20-Dec-2009 20:00) Posted:
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http://shockedinvestor.blogspot.com/2009/10/forget-gold-and-oil-soft-commodities.html
Please see above link. Hope it can help u. I m not a TA expert. Can only say it may drop 2 about 2.45.
hey stevenk, i understand USD strengthening affects commodities. but isn't it more specific to gold and oil?
does it also affect rubber, wood products, cotton and wool which olam deals with?
TA experts please advise if it's good to enter now, considering it has retraced from its recent high of 2.82