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23.0¢ optiscan imaging limited

Good signs ...., page-454

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dory

5,924 Posts.

950

25/06/24

19:56

Post #: 74485836
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Originally posted by BuffettWarren ↑

I am still of the opinion we are going to get a pullback in the near future. On the daily, we are way overextended with the MAs. So let's look at the monthly, as any pullback needs to taken into context (ie not that long ago we were in single digits!!).

I believe the fundamentals are much better driving the SP rise compared to 2021. We pushed through .20, but as I said, I am not confident it will hold. Although, there is plenty of buying interest obviously atm. Profit takers will come imo.

What jumps out on the chart is, we are still a long way from the 50 SMA crossing the 200.

Previously on the rocket analogy, we are still rumbling on the takeoff pad (see 2021). A move through .30 with the 50 going over the 200 is what I am looking forward to!

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Evening

A pullback in the near future ?

OIL Price at posting: 21.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 23.0¢		Change 0.010(4.55%)		Mkt cap ! $187.9M

Open	High	Low	Value	Volume
21.5¢	23.0¢	21.0¢	$38.40K	173.4K

Buyers (Bids)

No.	Vol.	Price($)
2	15862	22.0¢

Sellers (Offers)

Price($)	Vol.	No.
23.0¢	111654	5

View Market Depth

No.	Vol.	Price($)
2	15862	0.220
4	50971	0.215
1	6881	0.210
1	30000	0.205
1	25000	0.200

Price($)	Vol.	No.
0.230	111654	5
0.235	97636	2
0.240	81432	5
0.245	149500	4
0.250	100000	2

Last trade - 14.17pm 17/07/2024 (20 minute delay)

OIL (ASX) Chart