OBJ is currently in a short term uptrend within a the longterm downtrend channel.OBJ has recently broken out of a pennant formation to the upside and has tested resistance at 3.2 cents.If the stock can close above resistance at 3.2 cents we have a possible target of around 3.8 cents ( longterm decending trendline) as a closing price and a higher price as a intraday high. A close above the longterm downtrending upper trendline would be very bullish and may indicate a trend reversal. See how she goes. Goodluck all.![]()
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