Not sure if any chartist's are following OTH but I have noticed that over the past two years that the stock trends strongly upwards in price (and volumes) in Oct/Nov with the upside commencing in August. The reporting season could be a catalyst for an upward movement again as positive updates could drive the SP. Reporting for OTH has been generally low key for the company this year as the last financial updates came through in February with the US road show presentation an extension of these. IMO we will see OTH trends steadily upwards over the next few months and with REA's bullish outlook it might lead to some consolidation type M&A activity amongst its nearest competitors
Not sure if any chartist's are following OTH but I have noticed...
Add to My Watchlist
What is My Watchlist?