Historically Olainfarm stock price has returned to 200MA,
now it is very close it (price is just 3.75% higher).
Share price over the past year has had some real roller-coaster ride (up&down), look at 50MA
RSI indicates buying opportunity, also it is one of the lowest among Baltic stocks at the moment.
But with stock price going below 50MA there is concern that bad news will be piling up as ESM still has not been announced.
now it is very close it (price is just 3.75% higher).
Share price over the past year has had some real roller-coaster ride (up&down), look at 50MA
RSI indicates buying opportunity, also it is one of the lowest among Baltic stocks at the moment.
But with stock price going below 50MA there is concern that bad news will be piling up as ESM still has not been announced.