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Oromin Explorations Ltd OLEPF



GREY:OLEPF - Post by User

Bullboard Posts
Post by cdn_stockson Sep 13, 2005 1:12am
173 Views
Post# 9544802

TA on OLE Looks Very Promising

TA on OLE Looks Very PromisingAfter building a base for nearly 8 years, OLE is about to trade at a level that it hasn't traded at since 1997. On the 3-year chart you can see more clearly, 1) that OLE is trading near $0.70 which we haven't seen in almost a decade 2) the formation of a nice cup and handle 3) OLE trading above the trendline which was broken very recently at $0.68 4) a nice upward sloping trendline Add to this the fact that the 50DMA has crossed over the 200DMA. So basically from a technical perspective it is ready for a massive liftoff. IMO. 10 Year Chart for OLE 3 Year Chart for OLE
Bullboard Posts