TSX-V:OIII - TSX Venture Exchange - CA67113B1085 - Common Stock - Currency: CAD
Taking everything into account, OIII scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, OIII is showing a nice and steady performance.
Besides having an excellent technical rating, OIII also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.67. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.67, a Stop Loss order could be placed below this zone.
1.06
2 important support areas can be observed.
We found 1 important resistance area.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
1.69 | 1.65 | 0.04 (2.37%) | 25.00% |
An entry @1.69. This is a Buy Stop order right above the resistance zone. | An exit @1.65. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.04 points, which is 2.37%. | For a 0.59% total portfolio risk, you can invest 25.00% of your capital in this trade. |
TSX-V:OIII (3/7/2025, 7:00:00 PM)
1.67
0 (0%)