RXL 3.85% 13.5¢ rox resources limited

startof even bigger thing 2come as exploration, page-46

  1. 897 Posts.
    Hi Mavo,

    Agree with you there; I'm a fundumentals guy, follow contrarian value investing also, and like to overlay TA over it all.

    Got stuck into the theory of Darvas years ago - fascinating man - and it's interesting how it applies to many spheres .

    Darvas theory applies better to stocks producing products/services, but the theory works just as well - albeit a little more roughly - on microcaps as well.

    Interesting times ahead; I'll be looking for news coupled with volumes and the sp establishing a 10 cent level.
 
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