OXR oxiana limited

re: deboral Why dont people sell at 77c you ask Crassus? Why do...

  1. BSA
    587 Posts.
    re: deboral Why dont people sell at 77c you ask Crassus? Why do people hold a stock as it falls from $10 down to 5c as happened in the tech wreck, and continues to happen now,... fear greed hope, the emotions that drive the stock market, it will go back up if I hold a bit longer,..wont it?
    I agree re price target on down side as OXR is in a down trending channel the past 10 months, if it continues its slide I see around 60c ish over a few months, this would bisect the down trend line and the 50% fib retracement of the trend of OXR, and also a good support area. But anything can happen, although would take a mighty good ann to inspire again.

    Cheers
 
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