OXR oxiana limited

thank you all, page-42

  1. redabyss
    1,383 Posts.
    clock Created with Sketch.
    16/03/04
    00:52
    Post #: 412134
    re: still a great short Trading lesson #1 - if a stock holds a major trendline or support, jump on.

    Trading lesson #2. If a stock fails a major trendline or support, short or jump off.

    First trendline break was 1.08 - good short
    Second trendline break was 88c, followed by rally to bottom of trendline at 95c on 19 Feb - excellent short.

    Next support seems to be the present level in fact (dont know where 82c came from), followed by another good one at 72c. Stock should turn at one of these for a rally.

    Next good support around 60-63 level. My guess is stock will bottom out round here. Hope so anyway
    OXR Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

ITM iTech lifts MRE at Eyre Peninsula Graphite Project by 300%
right-arrow Created with Sketch.
EX1 Tryptamine Therapeutics completes maiden dosing of IV psilocin – a global first
right-arrow Created with Sketch.
LRV Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%
right-arrow Created with Sketch.
AVA Ava Risk Group expands US presence with A$0.7M Substation Deal
right-arrow Created with Sketch.
NEWS Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom
right-arrow Created with Sketch.
BIO Biome posts record sales revenue of $13M in FY24 – up 80% vs pcp and higher than forecast
right-arrow Created with Sketch.
watchlist Created with Sketch. Add OXR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.