OXT is showing strong technicals favoring the bulls.
We are breaking out of a multi month symmetrical triangle. A short stop at the 200 Daily and a Bounce off the tri and we are headed to $0.30 and likely beyond.
Note
We got our bounce off of the Tri, we got our break of the 200 and retest as support on the LTF, we are ready for take-off!
Note
Funny how previous targets become future consolidation... after a massive spike OXT has formed a U bottom and is now looking bullish again as we consolidate around the large Symmetrical Triangle Technical Price Target
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***This is a reflection of my own educated opinion and should not be viewed as financial advise, please use this for educational purposes only.***
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.