OAK 0.00% 6.8¢ oakridge international limited

XPE Charts, page-5465

  1. 2,656 Posts.
    lightbulb Created with Sketch. 153
    Personally, I don't think we will be closing that gap in the near future. We may do so after XPE travels another leg upward and comes back down.

    I was checking the chart again. Interestingly today's low of 6.65c is exactly the 50% retracement from the low of the last run (2.3c) to the most recent high (11c).

    I expect 6.6c - 6.65 to be the bottom. The share price may return to that level tomorrow before it starts moving upward, or just continue upward from here.

    The next leg up could actually be a significant one.
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