One day wonder?
Today, OX trading has a strange pattern of high volume, and intraday transactions showed that people were buying earnestly to $.14, before closed at $.13.
Is this going to be a one-day wonder or the beginning of a new uptrend? No one will now.
The company has not released any news yet, and we do not know the drilling results. But I am optimistic that the drilling results will be positive as they have been drilled before. Maybe people started buying in anticipation of the good news that may be coming soon.
If this is beginning of a uptrend,
.18 to $.20 will be the first target, and
.30 will be the second target.