Resistance between $2.98 AND $3 IS SIGNIFICANT. We have horizontal resistance, down trend channel resistance, 200dma resistance and the 38.2% fib retracement resistance! RSI has triggered a buy on the weekly chart! Stochastic cross over in process and rising. Currently sitting at 28.5. MMA long term MA's are curling up and the short term MA's are rising! This weeks volume was the largest weekly volume for a rising share price since Nov 2005. History shows that the Ox rose from $1.33 to $3.82 in six months last time this occured! A weekly close above $3 is SIGNIFICANT!! Good to see 45M less bears holding OXR shares! Daily volume was also SIGNIFICANT!
- Forums
- ASX - By Stock
- OXR
- bearish weekly chart
OXR
oxiana limited
bearish weekly chart, page-25
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OXR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online