OCC 1.25% 39.5¢ orthocell limited

DAILY CHART:Long Term Down Trend Line: Broken and trended...

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    DAILY CHART:
    Long Term Down Trend Line: Broken and trended relatively as support. Good sign. The base of this is at the top right shoulder of the inverse head-shoulder pattern - Really GOOD Sign. Doesnt get much better for picking a strong bottom / base / entry point for positive returns. (1st to admit this has been slowwwwww...... but not selling this one because as soon as hype takes off based on FA its a multi bagger very fast... TA will come soon after on the trends)

    New Possible Upward Trend Line: Support show based on new upward support trend line with reasonable candles pushing back upwards.

    200 MA: ALL shorter term MAs have crossed...GOLDEN CROSSes!

    BBs: Recent Contraction and pushing trend to upside of BBs.

    MACD: Daily and Weekly MACD in sink here at the neutral line ready for a run. Haven't seen this for a very long time.

    RSI: Slight upward trend, plenty to run if takes off.

    STOCH: showing strength here.

    Money Flow: Strength also in the overbought area. Needs to be coupled with other TA aspects to determine if good or bad sign. IMO given other aspects the MFI showing strength rather than ready to retreat.

    Looking solid for a long term bottom here. May see 40c again or bit under, but should become support point.

    GLTA!

    https://hotcopper.com.au/data/attachments/4832/4832122-cb2031b2185aed163d4db2e0485829e6.jpg
 
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Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
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