Olam and Kepland

Kepland exhibited a marvelous rebound, upon hitting support of 3.27. It is now at its resistance of 3.85. Cautious traders can take some profit or tighten their stop while waiting to see how the counter is going to react. The candle of 12 Dec 12 looks strong and steady. It is likely that price will break that resistance before have a pull back.

On the extreme, Olam seems to stablised at its current price after so much talks in the media. Nontheless, there is a stronger support at 1.35.

Kepland12Dec12Olam12Dec12

Advertisements