OAK 1.43% 6.9¢ oakridge international limited

XPE Charts, page-126

  1. 3,140 Posts.
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    Maybe that now this is de-risking, and some bigger players might want a bigger stake, they will sell off into the news at the moment. ie back up to 5s this morning then eventually let it slide back, or push it down, towards the gap to buy back into a stronger position (accumulate) at the lower price.
    The lower close yesterday is a bit of a warning for me.
    Also, the options havnt moved much yet. Another indicator.
    Obviously, will be accumulating on weakness.
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