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12 years 4 months ago #8416
by Food4Thought
Replied by Food4Thought on topic OPHR
I got very lucky on this one today. I re-entered again at 301 yesterday, which proved good support last time. Took profits today as possible retrace
Apologies for the late disclosure.
This has been waiting on fundamentals since the drop in mid-August. Will rise again on any farm out news IMO.
This has been waiting on fundamentals since the drop in mid-August. Will rise again on any farm out news IMO.
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12 years 5 months ago #8126
by Food4Thought
Replied by Food4Thought on topic OPHR
OPHR still in a nice rising channel. 3rd test on the 50% retracement (345/6) at close yesterday so could break higher today. Resistance just above at 347/8, descending trendline and 61.8% fib at 356. I'll take more profits from the latter if we spike through the trendline.
uk.advfn.com/p.php?pid=chartscreenshotsh...jBE=&symbol=L%5EOPHR
uk.advfn.com/p.php?pid=chartscreenshotsh...jBE=&symbol=L%5EOPHR
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12 years 5 months ago - 12 years 5 months ago #7910
by Food4Thought
Replied by Food4Thought on topic OPHR
Time to take profits after a nice run and 330 target exceeded. Will look to re-enter. 
uk.advfn.com/p.php?pid=chartscreenshotsh...ViO0Dw921cK7t06H7xU=
Volume is falling and it is beginning to roll over. I suspect a pullback before a push to 350.
uk.advfn.com/p.php?pid=chartscreenshotsh...ViO0Dw921cK7t06H7xU=
Volume is falling and it is beginning to roll over. I suspect a pullback before a push to 350.
Last edit: 12 years 5 months ago by Food4Thought.
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12 years 5 months ago - 12 years 5 months ago #7713
by Food4Thought
Replied by Food4Thought on topic OPHR
We didn't quite make 330 from 300 (high of 328 so far), but some nice consolidation the past few days, thus I would now expect this to possibly break right through 330 without a retrace. Next resistance at 348/50 and target of 400. A nice move ;o)
Last edit: 12 years 5 months ago by Food4Thought.
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12 years 6 months ago #7611
by Food4Thought
Replied by Food4Thought on topic OPHR
OPHR well oversold IMO and moving nicely from the 300 area. Lots of director buys.
Resistance at 330 and re-entry at 314. Potential here for 348/350 in the short term.
Resistance at 330 and re-entry at 314. Potential here for 348/350 in the short term.
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12 years 6 months ago #7428
by Food4Thought
Replied by Food4Thought on topic OPHR
uk.advfn.com/p.php?pid=chartscreenshotsh...tSaZ6afGqJrjNgw0mG4=
Engulfing candlestick on Friday and gap down this morning (closed). Minor RSI trendline break this morning (intra day). MACD bearish divergence. Approaching 61.8% fib of rise at 368.50. Retrace looks established. Symetrical triangle also in play.
I will wait for major RSI trendline and then probable/possible revisit to 347 for an entry and possible double bottom. Looking interesting again.
Engulfing candlestick on Friday and gap down this morning (closed). Minor RSI trendline break this morning (intra day). MACD bearish divergence. Approaching 61.8% fib of rise at 368.50. Retrace looks established. Symetrical triangle also in play.
I will wait for major RSI trendline and then probable/possible revisit to 347 for an entry and possible double bottom. Looking interesting again.
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