OAK 0.00% 8.9¢ oakridge international limited

Sell indicators on a percentage basis are strengthening across...

  1. 429 Posts.
    Sell indicators on a percentage basis are strengthening across short to long.
    MACD though ,my preferred first technical indicator along with fundamentals is strong long term , tight Bollinger Bands are not too bad either which could indicate at least a hold. Moving average verses price are rotten to the bone and now we see the second level of support 5.7 close to being tested if this breaks expect stop losses to be triggered and a drift back to our Xpeds favourite number 5.4 still the moving average price for a year , I know posters say it was Raya days back then but we have to remember there are long term holders like Graham 1954 with high averages and small profits nothing in between support and this number unless the FB 440 member fundamental kicks in with so called bargain hunting.
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