Rotuma

OZL.ASX - Technical Analysis

ASX:OZL   None
1. Trading above its 200 and 500 moving average in the one hour price chart and also in an upward price channel since the beginning of Feb 2018
2. Prices pulled back from its high at 9.99 in Feb 27th, 2018 and currently trading around 9.56 quite close to 9.59 resistance price point
3. A break above 9.59 resistance could see prices move further up towards 9.68-9.84 resistance price level
4. Failure could see price fall to the bottom of the price channel at around 9.35-9.19

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