LOXLEY : Wait for a correction to MT support

LOXLEY is in danger of breaching near term support at 2.62 and falling to or very near 2.50. The stock does however have medium term support from about 2.30 to 2.40, so over the next short while treat any pullback to between 2.30 or so and nearer 2.50 as an opportunity or swing trade re-entry.

 

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