The current Olam Muddy Waters Saga will probably see range trading between the blue immediate support zone and the red immediate resistance zone. A breakout above the red zone will meet the next potential resistance zone indicated by the green rectangle box.
Take note that if there is a failure to move above the red zone and if the blue zone support does not hold an imminent slide between the blue dotted channel will be triggered.
31 July 2025
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This might be the beginning of wave 1 down, but for now I think we still
have a wave 5 of 5 to complete the upward move. Friday may hold that
answer.
1 day ago
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