OAK 1.47% 6.9¢ oakridge international limited

XPE Charts, page-4935

  1. 1,915 Posts.
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    Today's retrace in XPE can be regarded as the overall market perception of 'how much time will it take for the next major announcement' + 'general negative market backdrop caused by Brexit etc'

    The market thinks the next ann is a few weeks away - so is selling ST

    The market may well be right - but it could also be wrong - a major ann could land any day
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