OEL 8.33% 1.3¢ otto energy limited

Technically, price has now officially broken out - at last !!!...

  1. 3,084 Posts.
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    Technically, price has now officially broken out - at last !!! And at 1.7c I am finally sitting on a breakeven investment - what a nightmare it has been since the total mismanagement of everything aligned to the last destructive CR !!!

    Anyway here are my measured shorter-term targets now that the longer-term downtrend appears to be reversing:

    1) Intermediate equality move minimum target = 2.3c
    2) intermediate extension move which is typical = 3c

    I see no reason why these targets cannot be achieved easily before the year is out. Will look more closely at the next cycles if and when we achieve the above. E
 
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