OAK 0.00% 7.0¢ oakridge international limited

Major high level breach at 6.2 cents, page-9

  1. 4,708 Posts.
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    having been able to look through cours eof sales now there wasn't actually alot of depth from 6.1-6.3 , which is why 6.4 touched so quickly.

    Tomorrow is anyone's game IMHO - it is likely those taken by surprise may (DTs) offload their shares and push down things tomorrow. The fact is there's been alot of FOMO and hype and star ridden eyes on the hotcopper board is enough warning signs to me to be wary of the old pump and dump. Many a good opportunities that unfortunately getting in at the height of the pump up can set you back.

    Alternatively the FOMO and breakout could push this well past 6.4 tomorrow.
    I'd rather see a temporary dip back down into the 5's. A chance to buy back in and build a base and then head back upwards to me would be more healthy for the stock than a shooting star chart - as quite often they come ffalling back to earth eventually. Not necessarily the rule, but a good guide.
    Either way i'm thankful i shot higher for 5.8s over my original target was a happy 5.5 for the ST. I was going to pop in 6. as a round figur ebut i forgot my approach to going 5.8, guess you can't win them all!
 
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