OFSS - High-volume Breakout from Supports ...

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OFSS, a relatively illiquid counter and ideal stock to have in someone's cash portfolio has finally given a clean breakout.
Erstwhile supports came in well from the 50% Fibonacci Retracement, and the recent breakout is well supported by volumes. Structurally the chart is in an UP trend across all time frames, for which i use the MACD indicator. Momentum to pick up soon for a possible re-test of its life-highs, thats close to 4000.

Penafian

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