OAK 0.00% 6.9¢ oakridge international limited

XPE Charts, page-6811

  1. 13,316 Posts.
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    Yes I think it is important to post context of whether hourly, daily or weekly chart posted as each chart has relevance to different traders or investors who work on different time frames..

    I am not that much of a daytrader (do a little pips trading to make some coin waiting for bigger moves) but short term trading (and in xpe's case medium term trading for stocks that continue ) more my game.....

    Daily and weekly still look very good to me at this point.....room to dip a little lower to keep both in play but not too much lower.....so retest of 7 maybe or lets do a bit of whiplash and do 6.9 maybe....

    I feel this has too much going on in September to test recent low of 6.5 and highly unlikely. Big players know results of Intel testing and review of ARDC demonstration kits due soon...and final piece of due diligence parcel so likely they know they have competition for shares much lower.....

    Importantly close at 7.2 removed that pecky gap on open but I would guess bigger players would like to see a retest of 7 cents to shake same weak hands....as we are getting to pointy end of some potential big announcements in September....
    Last edited by elit: 09/08/16
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