Olam: Trend Reversal! Post author:Marubozu Post published:August 16, 2011 Post category:Olam Post comments:0 Comments A Bearish Engulging candlestick pattern at the 61.8% Fibonacci Resistance & also the 20D MA Resistance was observed. This is a trend reversal pattern and will send Olam share price to $2.26 followed by $2.00. Tags: Bearish Engulfing Read more articles Previous PostFirst Resources: Trend Reversal! Next PostUS Market Indices Review: Dow Jones Industrial, S&P500, NASDAQ – THE RETURN OF THE BEAR? You Might Also Like Olam: The Bull is Tired! December 12, 2010 Good Lesson Learnt on My CFD Trading (Shorting) August 23, 2011 Olam: Drop below 20MA again! October 20, 2011 Leave a Reply Cancel replyCommentEnter your name or username to comment Enter your email address to comment Enter your website URL (optional) Save my name, email, and website in this browser for the next time I comment.