UXA 0.00% 0.0¢ uxa resources ltd

accumulation, page-2

  1. 1,854 Posts.
    http://img651.imageshack.us/img651/5010/longtermuxa.jpg

    Hope this works. First time I've tried to upload an image. I don't have a software package so bear with me and my pedestrian offering.

    This is my long term count on UXA. The short term chart allows for more softening in price, however it pays to note the resistance level at 5cps which, is a long term support price, has been broken.

    The end is not nigh for UXA. In fact, strong support on a fundamental basis for uranium is reflected in the chart. Very high volume took the share price into the six cent range, and very light volume is involved with the sinking into the current price.

    The count in the short term allows prices to soften to the fourth wave of lesser degree, which is as low as 4cps.
 
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Currently unlisted public company.

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