Morning all,
As I mentioned earlier I am not skilled in this area but what gives me some current confidence (rightly or wrongly) in OBJ is -
Recently OBJ has bounced off 6.2c twice - strong support - double bottom ?
Recent flirt with the 200SMA
The relationship between the SMA 200 (top green) - SMA 100 (middle pink) - SMA 50 (bottom blue) - Rarely have I seen a stock move into a sustained uptrend without commencing from this point - flirt with the SMA 200 (a few times) - then move up and stay above the SMA200.
Fundamentals must be/feel close to delivering something to help the SP.
Maybe a bit simplistic but looks OK to me. GLTAH Postaone
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