OAK 0.00% 6.9¢ oakridge international limited

XPE Charts, page-1416

  1. 17,153 Posts.
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    Hi folks,

    I had a very relaxing weekend....I needed.... but I'm back... and looking forward to the continuation of our interesting XPED developments.....

    Well, not much to add to what might have been already posted around the traps...
    But, I have 2 charts that I find extremely interesting... Weekly Chart and Monthly Chart. - Candlesticks

    WEEKLY CHART

    I've ran the chart with starting week at 19/10/2015 to 16/05/2016. It's a very healthy looking chart IMHO. Straight channel, with a bullish long white candle at the end.
    I've got a "Trend-Based Fibonacci Time Zone" drawing with colors....
    It is an analytical drawing tool used to predict the future price movements and examine the support and resistance levels as well as price breakouts....
    Obviously, charts are not 100% right.... and I do believe in 50%-60% guidance....

    Looking at the FIB in this chart I believe that we are entering a totally new ball game here. It is ready for a RE-RATE and is entering the "blue" 1.0 line... It's in perfect alignment with the "white lines - CHANNELS" and have the potential to evolve to new high levels with easy.... next adjustment will be at 0.086 level, where our channel will either change or take another form to adjust to figures/calculations and obviously to take account the possible new fundamentals(new sensitive positive announcements).

    There is absolutely nothing faltering this WEEKLY CHART... it's a BEAUTIE really !

    RSI - It has crossed 70 but looking back to October 2015 at the beginning of this chart, it's NOT even showing signs of overbought/run yet... it's in perfect order with that big long white candle.



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    MONTHLY CHART

    Because of the "circumstances" of the "former company" to XPED, the chart is a little deformed... I did not included nothing much before 11/2014 because calculations are non applicable really.... We are looking forward as XPED now right? so that's what MY MONTHLY CHART is directed to do....

    Straight lines in the channel is showing very bullish run... even thought it is a quite "steep" rise, the very bullish LONG WHITE Candles can more than compensate for it.... It does look very bullish and with room to run much higher IMHO.

    I will only start to change my logarithmics in the Weekly and Monthly charts after around 15c- 16c.... it's where we enter a different channel and obviously, you will see a very different ball game as the company will be in a different level and instos will bring their ALGOS with them.....

    RSI - HAH ! at 64.94 !!! We've got PLENTY... PLENTY of room to run..... 15 cents is looking very very nice IMHO.....



    ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++


    ...."Again, a quick word of advice...... Be very careful of the words around the traps... when the stock runs up 1-5 pips...... many are only talking up with emotions.... so, if you are in a process of accumulating or even entering the stock, use your own instinct and feeling.... do not fall for words or for the look of the trading..... look for the opportunity... very important.
    I've seen many emotional members that could be performing a whole lot better if they do think for themselves....".....

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    Other than a extreme change in the world economy(crash, war, etc etc....) I see lot's of interesting and positive times for XPED future stock price.

    If we do get to see a "MAJOR" in bed with XPED.... I also believe we will see a TOB in a very short period of time..... only IMO.....

    I have NOT provided a DAILY CHART here tonight.....as I find it irrelevant as we are entering a new week.... I don't want to over analyse it as it just destroys and over enhances what is already so clear to our eyes.... the DOJI on the Daily Chart for Friday afternoon/Sunday is looking interesting.....

    Enjoy your evening all... INTERESTING TIMES AHEAD !

    Cheers

    T10
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