OXT has been nicely growing in the channel. It’s at a decision point. Will we see rebound and continued channel growth or will it break out of the channel heading for $0.1800?
Mainly for rep, but you can see a head and shoulders pattern indicating short term drops as low as $30. With coronavirus around even though India and South Korea are on board now I imagine we will not see a strong support until after May 2020.
If you try to buy the dips make sure you set <3% stop losses to limit the damage for you day traders out there.
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