OFI
Chart 1 can see that the banker chips is focus around cost area 1.4, current price about 1.7 roughly 20% up.
Chart 1 drop from 2+ til lowest 1.4 estimate can return to previous high as target price.
Chart 2 show recent price have reach long trend white line. shv face resistance and fall down. 2nd time or 3rd time up wards shv be able to break thru it.
Chart 3 weekly chart show price still above long term trend line. up trend.
Chart 4 did not show any short term fund flow in recently.
chart 5 show MCD banker chips increase. green chips reduce all and become yellow and red only.
Buy reason
1. Banker chips cost and current not too big gap.
2. expect company to growth with plant and machinery expansion
3. got DY,
4. Food company.
Disadvantage
1. PE quite high consider about 22 now.
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