RXL 3.45% 14.0¢ rox resources limited

Ok.. there's a lot of talk about the fundamentals for obvious...

  1. 1,912 Posts.
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    Ok.. there's a lot of talk about the fundamentals for obvious reasons although I don't see many people approaching the technical analysis side of things..
    as I have stated before I am an absolute novelist and always willing to listen to constructive feedback.

    As posted previously I had set targets at 27 and 23 as these were the only support resistance levels I could find.. both of these targets hit yesterday..
    https://hotcopper.com.au/data/attachments/5407/5407729-e727d010e667265f489e1e327c8c4f66.jpg
    https://hotcopper.com.au/data/attachments/5407/5407732-c7f00d217fafcb15b368d6db5cfaf332.jpg

    Has this now set up a head and shoulders pattern??
    https://hotcopper.com.au/data/attachments/5407/5407735-a40e014284f8b9964af23845508a0154.jpg

    I guess it's possible, if we tread water around here until the new shareholders decide to let go of some of their 55 million new shares received..

    Nothing to hide here.. I'll be very clear I am looking to pick up cheap shares as I like the asset long-term..
 
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