OXR oxiana limited

chartists current view?

  1. 7,409 Posts.
    Hi,

    Most of the chartists here were saying a couple of days ago that OXR still had falls in it to between 60-73c. Do you still feel that way? The buying, especially off the fence, is making OXR look very bullish at the moment.

    Ou of interest, when charting, how do you take into account a major share reorganistion, such as the recent placement caused? To my way of thinking, taking into account the 20% or so extra shares, OXR is still very close to its all-time high marketcap wise. Was this considered, as from where I stand, adding 20% to the current shareprice, makes the chart not look so bad afterall.

    Opinions welcome.

    Cheers
 
watchlist Created with Sketch. Add OXR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.