Today marked an important trading day as we closed above 2c for the third consecutive session, finishing strong at 2.2c.
This is noteworthy because the last two bounces prior to this rally saw the share price climb from 1.7c to 2c, only to falter and fail to hold above 2c for more than a single session, sometimes barely lasting half a day.
Now, we’ve held above 2c for three straight days, even in the face of some red days in the US markets.
The charts shared here are starting to reflect a shift in sentiment, and bullish momentum seems to be building.
This aligns with anticipation around Keast’s upcoming unveiling of the US BNPL strategy, with the sale of IDSB expected to follow.
Interestingly, many of the vocal downrampers seem to have also disappeared.
With Keast’s announcement potentially dropping at any moment, things could get very interesting.
OVT Price at posting:
2.2¢ Sentiment: None Disclosure: Held
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