break out

A case of classic breakout.
Through resistance on very high volume.
Traders got out after the last announcement about Ovoot, but strong buyers including the Director bought in what i think was an order in the match that went through at .16c.

If anyone has a SPA3 trading programme, it gave a strong buy signal after market,

next stop of resistance is .21c.

I always look at 50% of recent resistance. To me, i am happily postioned to take advantage of this.

My most recent EG of this was NGE. Strong accunulation around .10-.11 topped at .16 and back down to recent .13c.

Not saying this is a trading stock, but so many stocks trade like this.

Usually it will be where traders will take some cream off the top, and let profits run.

Thumb me up or down, this is just my own view.

Best of luck to all holders.