Olam Still Expose to Downside Risk

As I posted on May 25 for Olam's H&S pattern( click HERE) it has bounced up a bit after the plunge, but it still under selling pressure, take a look at below updated chart. Anyway, the first sign to watch for more upside move is if it break above its downtrend line(red color) at around 1.90. Otherwise, my target for downside still remain unchanged at 1.225.