OAK 0.00% 7.1¢ oakridge international limited

Thanks Phases! Tomorrow will certainly be very interesting. I...

  1. 3,407 Posts.
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    Thanks Phases! Tomorrow will certainly be very interesting. I must also add that I agree with your point re the market undervaluing Martin's appointment for one reason or another. The severe correction in late August after Lisa Zhang and John Stefanac's departure was violent. From a charts perspective prior to the Zhang/Stefanac announcement trading action was mostly sideways to some degree, with some accumulation but admittedly nothing substantial. In any event, this would likely explain the ferocity of said correction back to tried and tested supports at 2.8.

    If tomorrow goes well for Xped, it might help to reframe people's view of the value Martin is bringing to the company and thus help the SP improve somewhat IMO. Resistance at 6c will be immense though but if MOU news arrives prior to Xmas, who knows.

    Can I ask what volumes you might specifically be looking for to confirm breakouts?

    Cheers
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