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Stock Pick – Weekly Wrap Up
By Stock Market  •  July 2, 2012
STX OSV 
- On 23 Jun 2012, we discussed the possibility of range bound between 1.440 - 1.530.
- As shown on the chart, STX OSV is ranging between 1.460 - 1.510 from  25 Jun to 29 Jun 2012.
- 2 July 2012, STX OSV announced that it secured NOK 500m contract with Island Offshore. It gap up to open at 1.530.


Olam
- On 22 Jun 2012, we discussed the possiblity of range bound between 1.810 - 2.000
- On hindsight, the day range of 1.810 - 1.885 for 25 Jun 2012 may defines the range for subsequent trading days. 
- A move beyond the range of 1.810 - 1.885 may see the possibility of further downside and upside respectively. Perhaps the clue may comes from the MACD chart.

Biosensors International
- On 21 Jun 2012, we ...
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