Like every other time in the past weeks, the 20 day Moving Average has knocked OXR's sucker rallies squarely on the head. The 20 day MA is now at 86c and decending fast) - it will do the same here I think.
A minor gap was filled at 84c today, and the price has stalled there.
50% fibonacci at 78/79c was convincingly broken on Monday, indicating an impending retracement to 61.8% at 70c
Conclusion for me (based on many other factors too) :
SHORT IT
Sorry Goblin
OXR
oxiana limited
