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Sunday, 12 August 2012

Olam International: 12 August 2012, Sunday, 11.35pm

Olam: 12 August 2012, Sunday, 11.35pm

Olam has broken down after a long term distribution with strong intention to go into a long term shorting and selling structure. 

If Olam finds resistance at around estimate $2.13, its next target (mid-term) is $0.90.
Commodities rebound are coming to an end soon.

Note:
If Commodities go downhill, it is also a pre-signal of Singapore's economy going the same direction in the next few quarters.

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