Prey said-
curious to know whether the chart tell you what will happen with OBJ from now till friday arvo?
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If it closes on its high today the chart will scream "buy" and will signal to me a close on friday at above 4cents.
If it closes today at 3.2cents the chart will signal "buy" and tell me it will close between 3.2cents and 4cents by friday.
A close today at 3cents will signal to me a further consolidation and therefore a "buy' and a close on friday above 3cents possibly around 3.3cents.
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