trading friday 18th/06, page-36

What I find most interesting and supportive right now is the increasing volume and the change in MD.
It's early days for either to mark a real trend as yet.

MD was always a good indicator for OBJ and it now levelled out between buyers and sellers after an extensive period in which sellers were outpacing buyers by a ratio of 2 or 3 to 1.
If we can maintain this balance, OBJ will most likely enter a period of greater trading activity and with it comes the occurance of spikes, pull backs etc.

Closing at 2.4 or 2.5 would keep the run from Friday alive and solidify the reversal towards a forming upward trend.
Anything higher will be a great bonus and would support possible news.