OZL oz minerals limited

chart for interested

  1. 807 Posts.
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    Morning all.
    Well i am glad to see some positive price action on OZL.
    That said i did take my profits yesterday arvo and am waiting for a pull back to re enter.
    The formation of a hanging man candle which is outside of the bollinger bands was too much to ignore, so i had to exit.
    Ultimately i have a target of $1.33 in the short/medium term. This is based on fibonacci levels set at the all time high and recent low and is the 23.6% retracement level.
    So more upside to be had methinks.
    All the best to holders, remember these are just my thoughts based on TA only.
    Cheers
    Commy

 
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