Technical/ Chart analysis on a penny stock ???I agree with drakemal. OGC is a penny stock !
Analyzing for "support levels", "resistance levels", "breakout points", and identifying "chart patterns" is simply useless.
Especially when shares get diluted without warning, and when share prices can be openly manipulated by underwriters.
Most importantly, using technical/chart analysis to determine buy and sell points on a tiny penny stock that over 99.99% of share-owning people have never heard of is really silly.
Yogi's points about Didipio and OCG's future are the closest to reality.
And one more time-- even if Pres Duterte grants a new FTAA, he'll be gone in 20 months, and there's no guarantee that what he granted will continue to be the policy.
The Philippines gov't has already proven without a shadow of a doubt that it cannot, or will not, enforce national rules and laws in the area of the Didipio mine.
Just walk away from Didipio.