OST 0.00% 86.5¢ onesteel limited

double bottom @ 71c

  1. 8,280 Posts.
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    Double Bottom formed at 71c.

    Bounced from this level again (today for 2nd time in 2 weeks).

    Now that the big seller is done with their off-loading, IMO we will see a steady rise towards their result - 21 Feb & then a masssive pop upon the result as they will NOT RAISE CAPITAL!!

    They have told the market countless times they don't need to raise, but the market will (for some reason) only believe this once they report & do not raise in conjunction to their result...

    Looking for the SP to be c. 1.20 at the end of Feb.
 
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Currently unlisted public company.

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