ROX: Interesting Spec Play

233
Rox is a small time liquor company who has experienced an incredible bull run over the last two years. While small company spec plays can be financially rewarding these also carry the highest degree of risk. I will point out that this company was trading at $10 years ago and sailed all the way down into penny land so be wary of that. Now onto the chart From what I see here, if Rox were to gain momentum again, my high end target would be set to $2.50. However, in order to reach that target it will have to 3 areas of key resistance which I have identified at 1.55, 1.70, and 2. Also, I have identified 3 key areas of support at 1.25, 1.15, and 1.00. Closing above/below these key areas would be the first indications of a breakdown/breakout.

Wyłączenie odpowiedzialności

Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.