As expected that OCR rate cut yesterday has given RV sector share prices a boost
RYM up 5.6% from Tuesday’s close
SUM up 5.5%
OCA up 3.9%
Golly gosh that long standing “pecking order” seems to be still in place ….many metrics over the years come out in that order (RYM/SUM generally outperform ARV/OCA)
There’s a “pecking order” in the NRL as well …… Storm, Panthers generally near the top with Warriors generally near the bottom.
Spooky eh
Tomorrows another day …things might change
Last edited by winner69; Yesterday at 06:10 PM.
”When investors are euphoric, they are incapable of recognising euphoria itself “
Got to polish up the PR lines to make OCA a takeover target.
This company is strategically positioned in the NZ retirement space.
Ready to leverage the buoyant NZ property market to deliver superior value for the insitutional investor. Needs-based business offers infrastructure-like stability, a welcome addition to a portfolio.
Meh someone just buyout this company for it's NTA. I'm ready..
Yesterday a significant chunk of the 0.80C wall got eaten, it does look likely that we'll be breaking through today. Feels like today will be a good day for OCA.
Got to polish up the PR lines to make OCA a takeover target.
This company is strategically positioned in the NZ retirement space.
Ready to leverage the buoyant NZ property market to deliver superior value for the insitutional investor. Needs-based business offers infrastructure-like stability, a welcome addition to a portfolio.
Meh someone just buyout this company for it's NTA. I'm ready..
Stop trying to get rich quick. A buyout at NTA would be too damn low anyway!
Yesterday a significant chunk of the 0.80C wall got eaten, it does look likely that we'll be breaking through today. Feels like today will be a good day for OCA.
$1 here we come! Up the Wahs!
Yeah there was 1.2m at 80c at one point.
Originally Posted by ValueNZ
Stop trying to get rich quick. A buyout at NTA would be too damn low anyway!
Fibonacci levels are fascinating ….nature plays a big part in investing …they indicate likely levels of support / resistance as price retraces.
If you take the high of 160 cents and the reçent low of 50 cents as the then the Fibonacci retracement levels are -
76 cents was 23.6% retracement ……about that the other day when rates cut …. Burst through that resistance
92 cents is 38.2% retracement ….heading there now …maybe next week
105 cent is 50% retracement ……not that far off
etc etc
All looking good
Maybe BaaBaa could put up one of his cool charts showing this .. please BaaBaa
”When investors are euphoric, they are incapable of recognising euphoria itself “
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