OVT 3.85% 2.7¢ ovanti limited

Spot on. I'll be posting this in the "$1 club" thread too.People...

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  1. 147 Posts.
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    Spot on. I'll be posting this in the "$1 club" thread too.
    People are getting antsy and despairing again because the ann wasn't as good as they thought.
    Figure I'll add some TA to the mix to balance it out.
    https://hotcopper.com.au/data/attachments/2738/2738052-c35d0b1297a36d23b6e40d59a098970b.jpg
    ^6 month/ daily chart^
    https://hotcopper.com.au/data/attachments/2738/2738060-835cd352b3e875933f80589165da044d.jpg
    ^month/hourly^

    I'd say the indications show that we should brace for a side movement till the next announcement.

    Take note of the month/hourly chart for why I agree with @RYNZN.
    The fib band has been quiet relevant.
    I personally believe we will see this move between 0.14 and 0.17 as supported by the fib band.
    However, I am also ready for it to drop down to the 50.0% band of 0.115.

    DYOR and GLTAH

    edit: decided not to post this in the other thread.
    Last edited by croxil: 16/12/20
 
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