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Thursday, August 03, 2006

Olam

As requested by wtuck & victor. Listed since 11 February 2005 on SGX Mainboard, Olam International Limited provides supply chain solutions to global companies such as Kraft, Cadbury, Mars and Nestle. The Group sources agricultural products and food ingredients for customers spread all around the globe.
From chart, Olam had a strong run up from its recent bottom at the 1.20s region. A pullback should find gd support at 1.44, to test 1.56 and 1.63 again. RSI is showing tremendous strength in its recent rally.

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