GREY:OLEPF - Post by User
Comment by
cdn_stockson Mar 16, 2006 6:52pm
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Post# 10518999
RE: cleaning up
RE: cleaning up$2 will be broken shortly. More importantly once it does the upside will be substantial as,
- there is no upside resistance,
- the stock has formed a pretty good base between $1.80-$2.00,
- it will be breaking out through a double-top resistance level, and
- a lot shares have changed hands at this $1.80-$2.00 level which bodes well for upward movement.
The great thing is that the company is still virtually undiscovered. An indicator of this (as simple as it may sound) is that the hits on OLE Stockhouse posts are tiny. Go check the hits on UTS to give you an idea of how many people are following that stock vs OLE.
Pretty soon the ‘herd’ will be moving over to undiscovered stocks like OLE. As we move to $3 to $4 there will be a much larger audience. The greed factor for OLE is still dollars away so there is plenty of upside for us.