OAK 1.43% 7.1¢ oakridge international limited

XPE Charts, page-3517

  1. 3,437 Posts.
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    Well probably best I was stuck in the dentist this morning, or I might have ended up selling some like @HudsonDesign did, which I completely support as protecting capital is of primary importance here. Interestingly though we saw a little bit of volume come in at 88 off the lows, If you have a look at the 30 minute chart there was a period (red box) of some volume buying recently. Now it wouldn't be the strongest support level but it might have been enough. I don't like channels being broken but the SP has only just ducked under the bottom channel line and frankly small glitches like that, especially in this end of town tend to happen. Performance now is key, certainly some buying volume is building up again and MACD and RSI are turning up indicating a reversal of these lows. I'm trying to look objectively at it right now and I reckon I'd be thinking it's a buy if I was new to it. But lets see.....

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