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mitta

22,593 Posts.

05/08/14

21:00

Post #: 13774443
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Originally posted by silency ↑

I think you will find the hidden supply and disruption of the bullish chart would have been effected by Martis and his crew to an extent and the retrace was due to people panic selling. While it was potentially an AR on Monday I think SP manipulation is certainly playing a big part for now and I await Friday to see if my theory is correct or if OBJ is going into a downtrend in which I will either wait for my trigger to go and I'll look for re-entry or I will average down.

Due to no bad news coming out of OBJ there is no solid reason for the SP to enter a down trend IMO unless you have a different theory I am unaware of?

- Silency

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thanks Silency, imo the direction of the shareprice is not governed by news or the lack of, of course it is sometimes used by the larger players to manipulate to their own advantage.

thanks also ahpigsy,

a wait and see

OBJ Price at posting: 8.0¢ Sentiment: None Disclosure: Not Held
7 Upvote

0 Great analysis

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