OVT 0.00% 4.1¢ ovanti limited

Gap is certainly closed, but I am not sure the selling is done...

  1. 5,702 Posts.
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    Gap is certainly closed, but I am not sure the selling is done with yet, 61 fib is a good recognised reversal zone ( 42c ), failure for that to hold then you have potential gap fill @ 78 fib level ( 30/29 ), cant see that happening but all indicators havnt found a base yet and there is no support underneath, so cant rule it out.

    I will continue to wait for my top up, I am looking for a doji and then the first signs of a chunky green candle with volume to follow that up for confirmation

    IMO
 
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