Yep pretty astonished myself... Would have thought oxr would head higher based on fundamentals alone. But the TA side of things is looking poor at the moment. The daily chart shows bearish breakout of triangle set up. This kinda got me off guard, cos I thought we had a triangle bullish breakout on the 6th of may....
The weekly looks like falling out of the bottom of the triangle as well.
Anyway i am happy to hold for the long term, so not too worried, the future of this company (especially if the merger goes through) is very bright.
For what it is worth I hold ZFX shares and voted in favour of the merger today.
charts look like this
Cheers to all
Commy
Daily Chart
Weekly chart
Monthly Chart![]()
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OXR
oxiana limited
Yep pretty astonished myself... Would have thought oxr would...
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