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TOPIC: OCDO

OCDO 03 Jul 2014 10:53 #1

remo OFFLINE Moderator Posts: 3140 Thank you received: 5620 Karma: 113	from this weeks share tips this has already broken out. dl.dropboxusercontent.com/u/4899609/ocdo3rdjuly2014.png
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OCDO 17 Feb 2014 13:00 #2

redchilly OFFLINE Senior Poster Posts: 589 Thank you received: 1107 Karma: 31	Closed today @ 580
	dyor redchilly The administrator has disabled public write access. The following user(s) said Thank You: remo, annes goal, buffet

OCDO 11 Feb 2014 11:12 #3

Shotry OFFLINE Junior Boarder Posts: 368 Thank you received: 199 Karma: 10	Good trade. Also KAZ was a very strong winner for you.
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OCDO 11 Feb 2014 10:29 #4

redchilly OFFLINE Senior Poster Posts: 589 Thank you received: 1107 Karma: 31	Closed half @ 560 Rest is a free trade
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OCDO 06 Feb 2014 14:50 #5

redchilly OFFLINE Senior Poster Posts: 589 Thank you received: 1107 Karma: 31	Long @ 536 SL is below today's low so only a small risk
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OCDO 21 Jan 2014 07:22 #6

Jackozy OFFLINE Senior Poster Posts: 896 Thank you received: 2325 Karma: 49	Whoops! Forgot the chart: dl.dropboxusercontent.com/u/20815047/FTS...rts/OCDO20_01_14.png
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OCDO 21 Jan 2014 07:22 #7

Jackozy
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Hi anne,

I'm with remo on this. 123-high trades have a much lower risk/reward ratio in an uptrending share and I doubt OCDO will drop back as far as that.

I reckon this is in a B wave up from the drop to 493p (which was a 67 point move from the 560 high) so an equal sized drop from around the 527/536p level brings it to the breakout area between 460 and 469. Watch out for additional support from the uptrend support too so stops should be below that:

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OCDO 20 Jan 2014 22:58 #8

remo
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Hi Anne
It could well be a 123 High forming. But
Im not a big fan of the 123 high as most corrections form in a 3 wave pattern . If the markets trends are up then trying to catch a 123 high is risky.
Im expecting a correction to the breakout point at 469 maybe.
This share is in my share tips section for this week

calling a top is a risky business so be careful.

dl.dropboxusercontent.com/u/4899609/ocado20thjan2014.png
annes goal wrote:

Hi, could this be the beginning of a possible 1, 2, 3 high forming here, where the selling point would be 493.4 and the target - perhaps for a buy back - 427.3 - ish??

Any views welcome - please be kind; I'm still the class dunce (though loving it!!)

Thanks

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remo

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OCDO 20 Jan 2014 20:37 #9

annes goal NOW ONLINE Junior Boarder Posts: 187 Thank you received: 259 Karma: 12	Hi, could this be the beginning of a possible 1, 2, 3 high forming here, where the selling point would be 493.4 and the target - perhaps for a buy back - 427.3 - ish?? Any views welcome - please be kind; I'm still the class dunce (though loving it!!) Thanks Attachments: ScreenShot...2.32.png (159KB)
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