I would have to agree with the way you interpret the charts, provided that there would be indeed not further announcement any time soon.
Should the past be any indicator of things to come, it only took GSK and the mysterious FMCG 8 and 18 days after the announcement of 3M to extend their MTA wih OBJ to announce themselves.
I therefore would not be expecting lengthy periods of
silence.
News from potential partners will arrive without any warning, insider leaks or anything of that sort. These announcements took us all by suprise last time round as well.
I see a further consolidation in the short term until such announcement eventuates, due to the fact that OBJ has broken through its uptrend channel.
I will though not wait too long to reinvest my own trading parcels as I would be seriously annoyed with myself if I had missed the subsequent run north after such announcement.
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