OEL 0.00% 1.3¢ otto energy limited

technicals

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    For those that are interested - we now have the formal technical breakout at long last - just need the move to stick moving forward. So watching three staged moves up to some targets. First move projects 8.2c (9 year + highs) . The Second move targets 10.5c - 11c . The Third then looks for 14c . Based on a number of factors including stale supply disappearing at the first target, from a timing perspective, that 14c price point could easily be attained before the year is out. First things first - looking for a close above 6.5c . E
    Last edited by ecneitap: 08/05/18
 
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