lowtrade

[lowtrade]

OAKS chart

Found it interesting there was an exhaustion gap. Rare so pointed it out. Check my post on gaps in sticky posts.

That's a huge flag target. I usually only expect 75% of the run with such a large flag patterns. My target would be 6.30 at best. I'd probably have a standing sell @ 6 bucks and be happy to get it.

Just how I play. Don't like fundamental margins or institutional interest. Shows poor management & few big guys playing. Expect any continuation will have less comeback emotion. It's not a stellar company.
http://www.finviz.com/quote.ashx?t=oaks

But next strong resistance is 6.50 after the 5.65 is broken. So I could be completely wrong and the 6.70 target isn't unimaginable.

First things first. Flag resistance 5.50 and strong resistance 5.65 above need to go down. Then plan on what target to sell. LOL