OEX
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20.0% 0.6¢ oilex ltd

RSI/MACD/Stochastics are looking overbought. Time to consolidate...

  1. chillam
    1,409 Posts.
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    17/04/14
    11:05
    Post #: 13262654
    RSI/MACD/Stochastics are looking overbought.
    Time to consolidate while we await further news - to set up a platform while the technicals rebalance/unwind ready for the next move up.
    sp could ease back a little in the short term, but still looking very positive.
    Tempted to buy some more, except I'm already way overweight.
    OEX Price at posting: 9.6¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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