RXL 2.94% 17.5¢ rox resources limited

Hey sam, great call already ...... "but first we could see a...

  1. 1,502 Posts.
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    Hey sam, great call already ...... "but first we could see a final shake out long tail candle breaking 5.2 but closing back @THE5.2 support as we push into DEC"

    My only concern is a break down from the triangle/support at 5.2 like today without immediate recovery is a scary harbinger for an accelerating down trend ie the opposite of FOMO ha ha

    Tomorrow should give a clear lead re short term action for DTs/shorts. If it can hold, close Wed 25/11 at/above 5.2 then that base would become so much stronger. If not ..... it could be another quick trip down to 3.

    I'm not making any comment/judgement re RXL being a good prospect, profitable goldie - it will just become a juicier opportunity with a higher risk profile.
 
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