Oystertec.......a good value play........

Mike the candle pattern your referring to is called an engulfing pattern which is a reversal pattern i.e. a bullish pattern in a downtrend the longer the trend the stonger the signal so i have my doubts wether it is the signal of a big move north, Whats more important is for oys to hold above 17.5/18p then then chances of reach 20p+ increases as oys has failed at to hold above 17.5p several times. Indictors are positive and with an increase volume to give the move more strength it could well be a brakeout this time around.
IMHO