Oxley (technical)

Oxley: Counter trading in a tight range near the support level at $0.755, as share price has been consolidating on declining volumes since mid Apr. A break of the resistance at $0.78 may portend to a test of the $0.80 and $0.83 levels, while a break on the downside may see the counter trending towards the downside to test the $0.72 followed by $0.65 levels.