OZL oz minerals limited

time to load up guys, page-50

  1. 9,615 Posts.
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    You summed it up well Fluffy!. Thanks for that.. I am watching because $5 entry would be a low risk for a LT entry with an anticipation of better earning in 2014 & 2015.

    We know the consistent seller is M&G with 50mil remaining. As per TA perspective, a large drop to $5.73 on a low volume tells me that the demand side has been tested today, probably by the same seller. No point continue selling if you have no demand right..

    As previously mentioned we may see 5% up on a low volume, to build up demand before the selling is presumed. A typical FFT distribution pattern.

    PS: I have to learn something after got caught on a few stocks on their distribution trend.... Good luck

 
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