OXR oxiana limited

** goodbye 99 hello $1.10 **, page-23

  1. 873 Posts.
    Hi,

    Realistically, in the last week's trading OXR has left some gaps through which you could drive a semi-trailer. I know these gaps have been formed on very high volume - so they have less probablility of being filled... etc etc. However, all things considered I am comfortable holding a high risk short in OXR - looking to fill the gap at around 90-91c - cover there - with a stop at 1.03 a couple of cents above the fib level.

    If that ruffles a few feathers in the OXR cheer squad I do apologise. I have a long term holding in OXR - but I also like to trade it.




    Christian
 
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Currently unlisted public company.

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