I have just had a look at OZL's chart.
It is out of it's top Bollinger band.
It's RSI is at 70 (which is very strong) and it's MACD is also very strong.
I am expecting some sp retreat and consolidation.
There is a repeating pattern here. (look at 5th to 29th Oct)
I am just concerned that it continues to defy gravity and I do nto know how long this can continue. (Look at other pure play copper stocks and compare their performance to OZL).
Mind you, it has not been this high since late Sept 08.
HT1
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- some retreat or consolidation expected
some retreat or consolidation expected
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