OEL 8.33% 1.1¢ otto energy limited

technical update, page-382

  1. 1,699 Posts.
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    Thanks Trend, this is how I saw it also when I had the order at 4.1. There is one lower potential trendline which could create a double bottom at around 3.5c but I feel this is EXTREMELY unlikely given Stochastics and strength previously shown at 4c over the life of the chart for OEL. Unless we get hammered with terrible news or something I suspect this is rock bottom ... as badly as it looks at present I think it'll be hard pressed to push lower at least without a rally off its lows to reset the indicators. DYOR

 
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