OAK 0.00% 7.1¢ oakridge international limited

Great use of media Phases, certainly makes for more...

  1. 3,407 Posts.
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    Great use of media Phases, certainly makes for more user-friendly analysis. Much appreciated.

    It sounds like you are quietly confident on the AGM having a positive impact on the SP - I know many hope this is the case.

    You've suggested a trading range of 3.0-3.8 now exists within the last hollow green engulfing candle as the subsequent trading action has taken place inside it. Major resistance points at 4.7 & 6.2 (I think) and suggested that momentum needs to break through with volume at 3.8 which is the top of the last engulfing candle for that to be achieved. I tend to agree with you on 3.8 being significant.

    If resistance at 3.8 cannot be broken and turned into support, do you expect the share price to return to the identified trading range?

    Cheers
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