OAU 12.5% 0.9¢ ora gold limited

capper, page-15

  1. 953 Posts.
    I have been hoping to see some north movements. As we get closer to announcements watch for volume more so than price. If large volumes are happening its not the reason someone is selling but more the reason someone is buying. A seller may see a 10+% rise as a good opportunity to take what they can or simply cash in on being fortunate to buy when it bottomed. However if increased volume happens on an upward trend then one has to ask why they didnt accumulate when price was lower. Yes I know trading software wont say buy unless certain conditions are met but I like to think that when volume increases on an upward trend then someone knows something before we do.
    Although seeing green is nice its seeing green and volume thats reassuring.
    Good luck all.
 
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