17 July 2012: We started off the discussion with the "laggard story". Olam will be the final stock counter to end that discussion.
22 Jun 2012: We discussed the possibility of Olam range bounded between 1.810 - 2.000. And identified three possible patterns that make be in the making which depend on how the future price action may reveal to us. They are Bearish 5-0, Bearish Bat and Bullish 5-0 patterns.
22 Jun to 22 July 2012: Olam was range bounded between 1.810 - 1.915. On hindsight, it was inconclusive to determine the pattern.
On 12 July 2012, we discussed a move above 1.930 may see upside, whereas a move below 1.810 may see the patterns we discussed on 22 Jun (in particular Bearish Bat and Bullish 5-0).
By 23 July 2012, Olam moved below 1.810. This signal ......