OXR oxiana limited

will have a good day, page-8

  1. 2,081 Posts.
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    FWIW I agree with ziro's assessment of OXR: Long term consolidation is just about to break out & if OXR behaves it is likely to have a quick run to $4.50 with possible run to $5.22 or higher. I do not see much point in argueing about whether the support has been breached (quite likely a fake out is occurring) and if you bother to look back to May 2006 OXR is testing the breakout before making its mind up.....

    I agree the positive outcome looks unlikely the way the DOW is performing but from a strictly chart perspective that is the prognosis IMO (particularly when one considers the apparent M&A activity [ZFX etc]).

 
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