OVH Chart, page-4

I've been trading this stock for a while now with great success. Something I've noticed is on the weekly chart, it likes to retrace 61.8% of the range before reversing. We're right on the cusp of that condition which also coincides with the 200DMA and the bottom of the up-sloping trend channel.

I think BP's $1.34 projection is a bit ambitious... I can't project that high no matter what range I use, but what would I know....

As for downside, there is a gap at 74c which I would be disappointed to see filled. I find it unlikely we would head down there but I have seen stranger things. If we do break the trend channel and head down to that level, I would consider the uptrend failed and would change my sentiment.

I'm currently sitting on 1/2 position and may top up on Friday close.