Australia's largest stock trading and investment forum Australia's #1 stock forum

OJC

Click for more information

0.00%

18.0¢ the original juice co. ltd

the recent substantial notice is a strong indicator of good...

First 27 Last

Share
Profile

Follow
twmochi

880 Posts.

156

13/10/19

21:00

Post #: 40860141
Share

Originally posted by demoniaco: ↑

Seeing as historically there have only been about 7 profitable swings on the daily chart since this stock has gotten volume, you're either an absolute market guru genius or telling little white lies.
Since it's hotcopper and you have 32 posts, I think we all know which is the right answer

However you are right about the fundamentals.

One thing I am certain of is that whoever was accumulating between 6.3c - 6.5c was very actively watching the market for a few days setting up reload buy orders, about $65k worth. They're very likely still holding, as the sellers at the 8.1c range were all sell side walls from 8.5c-9.0c that pulled their orders and eagerly exited.

Next week is going to be super interesting. The big sellers have left, and the buyers have been reloading.

I think 9c-10c target is achievable next week, will need to see if buying volume is consistent.
I suspect many scanners will pick up a trend and volume break which could contribute to the move.

Expand

the recent substantial notice is a strong indicator of good things to come. That holder is one of my best mates, so if he’s buying I’d be buying too IMO

FOD Price at posting: 7.5¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

CC9

Chariot Corp unveils plans for Black Mountain "pilot mine" in Wyoming, US; shares jump +20%

FFM

Firefly positioned for copper growth in Canada ahead of resource update

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

There are more pages in this discussion • 5 more messages in this thread...

First 27 Last

Add OJC (ASX) to my watchlist