Is this still a good moment to buy more OCA or could we see a decline in the SP?
Beagle is the 1.36 the new $1 for you?
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the flows of money into stock markets is a bit like a dam which opens it gates on a rotating timer to varying degrees with the interval reset every few cycles as the weather changes in a climate change disaster... attaching lovely names to these cycles has been something to write about for a long time... we have some lovely old charts from the 1980 and 1990's (US based ) around and boy they are far better than anything ive seen on the internet created with a bit of javascript on an Html canvas.
price at the moment is anyones until the FA comes out. It may decline a little and move sideways for a while until the next FA comes out.
cheers mate
Candles have been around since the 1700;s and were used at that time in the Japanese rice markets. So its not like its just me....
As today is (so far ) an 'inner day (inside the previous candle body ) there is nothing so far that contradicts the confirmation of the shooting star.... but it will need to close a bit lower to become an ideal confirmation , we have the volume we have the down day but we dont have any strong south movement - yet. I will comment again after close.
Attachment 12028 (prior to daily close)
(Still holding)
Good to see OCA holding up as SUM and RYM slipped back a bit today. Interesting day tomorrow when possibly see some MET money coming back in to the sector!
Shooting star is a worry In the tea leaves but long term on this looks good.
Thanks to all contributors
I made a number of significant top-up's to my shareholding in the $1.30 - $1.41 range last week after a significant term deposit matured on Friday the previous week.. Actions speak louder than words. I think its pretty clear where this is headed in the medium to long term.
As expected, the MET takeover is now effectively done and dusted. https://www.nzx.com/announcements/361703
Where is some of that $1.27 Billion of cash going to be reinvested ?
Met is taken down...so all money will go to OCA ARV and SUM.
End of an era... that Met rollercoaster was quite a ride, only rode it twice myself but VERY enjoyable experience:D
OCa of course!
well if this is the favourite im hoping for more shoooten staarrs...
sorry its my irish english DNA... the Irish side just gets carried away..
up up and away then? we will all have to send a commission to be MR B and Mr M but i suspect their holdings are over weight anyway..