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$2.20 oceanagold corporation

Flag target (as measured from the H&S Bottom) achieved today. I...

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YLJ

819 Posts.

870

14/04/22

11:07

Post #: 60851793
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Originally posted by YLJ: ↑

OGC has achieved the measured target (2.83) of an Inverse H&S that broke out on 24/02/22. It subsequently formed a Flag that (depending on measuring technique) carries a measured target of between 3.49 & 3.62. On that basis, I have refrained from taking profit, but am keeping a close eye as the weekly chart below shows price touching into a pretty significant resistance.
GLTA

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Flag target (as measured from the H&S Bottom) achieved today. I have taken 50% profit and will give the
rest a chance to keep running, but will cut it if it hesitates too much.
GLTA

OGC Price at posting: $3.52 Sentiment: Hold Disclosure: Held
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