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TOPIC: Two bottoming charts to keep tabs on - OTC & PPC

Two bottoming charts to keep tabs on - OTC & PPC 26 Feb 2013 11:04 #1

  • gclark25
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2 "bottomers" on my shortlist at the moment.

Won't go into any full analysis, but both looking like testing weekly bottoms, both have the bullish diverging RSI indicators. Both have narrowing bolly bands pointing towards a break out either way.

2 charts i'll be watching closely in the following days/weeks


Ortac_Resources_-_weekly_-_26-2-13.png



PPC_-_weekly_-_26-2-13.png



Fundamentally not studied any of them, so more than welcome to chip in with anything worth adding, but I like them purely on a technical basis.

None are buys yet, but watching closely. Will be interesting to see how it reacts to those levels, both volume and maybe even a bit of liquidity testing
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