Debating a buy on OXIG - good IMS, a slightly worrying one paragraph but appears to be priced in "Orders within both our Research and Industrial markets remained robust with the exception that, as expected, orders for High Brightness LED related equipment within our Plasma Technology business unit have fallen as overcapacity in this industry takes effect. Despite this, orders, sales and profits for the Group for the year to date and for the third quarter are ahead of the corresponding period last year and consistent with our expectations".
Strong Resistance around £10 with support of late 918, volumes waning a bit of late - lack of interest until longer term support late 700s? Doji posted 17/01/2012 on the Daily with a downtrend Dec/mid Jan indicating poss reversal to upside....Stochs oversold, MACDs below 0 and bullish MACD divergence posted 17/01/2012