OAK 0.00% 7.0¢ oakridge international limited

XPE Charts, page-4988

  1. 1,506 Posts.
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    i stand by my last post 7.1c is support, expect a bounce. all my chart indicators are pointing to this.
    now that the over ramping has died out and most of the backslappers have offloaded some shares we should see some normal movements.
    in my opinion alot of the selling has been retail holders, a stampede for the exit once they realized they no longer have any influence on
    the share price.
    also i think some of you need to pay the vulture some more respect, hes been around and knows his stuff, keeps it real, ok given not the most charming of posters but he says it how he sees it.
    50% fib is 7.1c it also correlates with the bottom of the double top we had at 11c, it should hold 7.1c if not then its how the vulture says 61.8% fib is at 6.2c but dont believe it will get there, and i have to agree with him.
    ill be looking at the low 7s to see how it react, give or take a few pips. if it cant hold im out of here, will keep a small free carry and wont bother with the xpe threads ,my free carry will stay in for a long time, may trade the swing news and volume dependent, but wont give it any more respect then that. below 7s is over kill in my opinion. unless they get some substantial holders in to soak up the neurotic holders,

    all the best and as my signature states........... without prejudice..............
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