Olam stock price has been slowly creeping up from the oversold region with its 5 days-moving-average creeping up its 10-days-moving averages from below. At $1.53, Olam’s stock price is still below the 200- days-moving averages. Some analysts are quite bullish about Olam, giving the stock a price target of $2. Looking at the fundamentals and technical of this stock, I believe Olam stock can continue to head up in stock price.
Breadtalk’s stock price is squeezed in a Bollinger-Band-squeeze, from what I know of technicals, Breadtalk’s stock price of 15 Nov 13 seems to imply that the stock price is headed downwards. Analysts have expressed their views on Breadtalk’s ambitious targets to open the planned number of stores. I have always like Breadtalk stock as it is quite a proxy consumer play for Singapore and Asia but I am not buying the stock at this price. I am looking ......
