OAK 0.00% 5.7¢ oakridge international limited

XPE Charts, page-159

  1. 13,333 Posts.
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    Well; Gassin must be busy so here is my 2c opinion. Please note, it's just an opinion so please DYOR.

    Daily and intra day chart indicates the final friday shake out prior to late afternoon buying. 4.2c should held well but if stays over 4.4c until late afternoon than long awaited break out at 5c is on the card by close or first thin monday morning.

    It could go back and fill the gap up too but looking at FA, it seems like this will keep running for a while for now. ADRC/IOT cheep that is patented (Unlinke selfie, drone, other IOT devices) and hence companies like Intel, GE and other IOT/hardware manufacture will have to pay license/royalty fees to XPE and that where it stands out when comparing with other IOT companies. Also, Board is actively ticking all milestone on time and based on hints from past previous announcements, we shall be expecting some more news in coming weeks. So believe, XPE will again be in accumlation phase but with trading range moving from 3-4c to now 4-6c.

    All IMO.

    cheers
    J
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