IvoryWolf
US/AUS (Stocks/Options); ASX Traders United
- Joined
- 20 February 2023
- Posts
- 214
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- 492
Orthocell Limited (OCC) appears to be threatening for a breakout to the upside and, as such, is a personal stock selection for the February stock competition here at ASF. Referring to the daily chart below, we have the share price closing above the 10 and 30 day MA's at the end of the final complete trading week of the January calendar month, whilst also closing above two recent opens which could potentially act as support/resistance areas from 6th January and 10th January ($1.53 and $1.495, respectively). A supportive DMI/ADX and RSI also assist a potentially bullish perspective from a technical analysis aspect.
