OVT 4.00% 2.4¢ ovanti limited

Hey all holders, just here to put my 2 cents in.Absolutely...

  1. 147 Posts.
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    Hey all holders, just here to put my 2 cents in.
    https://hotcopper.com.au/data/attachments/2896/2896691-0156a3fa4080a833a6c002b2f11d35cf.jpg
    Absolutely thrilled at the price at the moment however as this forum is for sharing trading ideas and thoughts I figure I'd put my 2 cents in.

    On the positive. It has broken through it's previous 52 week high #excited clap#.
    and the MACD is looking positive too.

    However, The RSI is the most worrying signal among others.
    It is above 80, meaning it's overbought.
    As can be seen in previous cases, I suspect this will drop in the next couple days.

    So for those hoping to enter, I would wait for it to drop instead of succumbing to FOMO and then flooding this thread with woes and tears as I have seen on this thread previously. (Not financial advice. Just DYOR)

    Not trying to downramp. I have been invested into this company since last year before it reached it's previous high and am honestly thrilled to see that the future potential has garnered so much attention. However, I personally have sold half of my holdings for risk management. Still firmly invested, and will accumulate more when the price drops. As I am sure a lot of the long holders will too .

    DYOR and GLTAH



 
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Last
2.4¢
Change
-0.001(4.00%)
Mkt cap ! $50.75M
Open High Low Value Volume
2.5¢ 2.6¢ 2.4¢ $306.0K 12.38M

Buyers (Bids)

No. Vol. Price($)
3 1254215 2.4¢
 

Sellers (Offers)

Price($) Vol. No.
2.5¢ 2027863 8
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Last trade - 11.25am 01/11/2024 (20 minute delay) ?
OVT (ASX) Chart
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