OBJ always took several attempts to clear 3 cents.
In previous runups this was a major hurdle to confirm an uptrend.
When counting in the run to 3.5 recently, our quick spike to 3.1 yesterday, today could be the third time to tackle this target.
Many will watch wether we clear this mark and will probably jump in when 3 cents has been taken in a convincing manner ( accumulators have achieved a very fickle approach to OBJ lately, resulting in cautious traders when share price advances ).
At 2.9 we have already broken out of our narrow trading range in which we were locked in for months ( 2.8 being the top band of that range, no surprise that we were taken back to that level on close yesterday as accumulators do not want a buy signal on this share due to charting ).
Once we have cleared 3 cents, I see a strong correction upwards as a likely possibility as AMG was mentioning previously.
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