Friday, December 10, 2010

Stock Outlook: OLN

OLN chart showing Price, Volume, Stochastics, MACD and RSI.
OLN continues to look good. I'm still looking for the upper trend line touch at around $21.70. As of now Stochastics look over bought, but I feel we can still get another dollar rise on this stock. MACD and RSI continue to look very bullish.

Pay attention to this stock if it crosses the upper trend line. It looks like it could have potential for a higher upside, where the $21.70 area will become the new support.

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