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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