Olam - One minute chart since resume trading

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HoBee - Diary Post

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HoBee momentum continues, very strong infact. I feel that breaking 1.6 should be of no problem. The question is when it will break the $1.70. As long as macro outlook stabilies, HoBee could move to higher high and break the $1.60 resistances that is currently facing now. Too many good signals in the last 20 trading days. Until I see weakness in the setup, investors that has Hobee should continue to ride it. Broke 1.62 convincingly and BB just ate 527 lots at 1.62. 29/11/2012
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