OTE otis energy limited

resistance is useless

  1. 480 Posts.
    IMHO
    1. OTE has gone up a lot in the last week or so (300% from bottom to top)
    2. according to chart of the last several months, there is strong resistance at .6c
    3. fair value is above .6c

    Therefore I conclude that the sp needs to get used to its new level and form a solid foundation to breakthrough .6c.
    but it will move through .6c towards fair value sooner or later

    Rumot
    (my opinion only, dyor)
 
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