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newo

789 Posts.

2

07/07/16

18:13

Post #: 18218992
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Originally posted by Desktop ↑

newo, I've been a OKU holder since 2nd Qtr when OKU was consolidating in the teens.

I got in for 2 reasons - one the prospectivity and associated fundamentals mentioned above - two, because the weekly chart was printing flagpoles, which I suspected would get printed again as the price of gold continues on its upward path. And the pattern is repeating now.

Flagpole 'A' was about 12.5 centst and 'B' is the same. So if 'C' is similar, price will telescope up to approx. 28-29. Volume is also rising like it did in the 'B' case and that supports the optimism for a high 20's move in this immediate period.

If a flagpole 'D' happens, a 12.5 cent move would see your 40.

View attachment 202857

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Thanks Desktop
Chart looks ripe for a breakout
DD drill cores two with visible gold were sent to the labs on 21st June, so results due anytime

OKU Price at posting: 25.0¢ Sentiment: Buy Disclosure: Held
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