Oxford Resource Partners, LP (OXF)

[dmlabuda]

You asked about OXF. If you are watching the daily chart it does look like a possible double bottom here now. On the 15-Minute chart it appears that you may still be able to buy it at $6.90. I'd say if you like the fundamentals than it's certainly an interesting speculation from a technical point of view. Both hourly and 15-minute charts favor a short-term pull back in price but there is a nice bullish divergence on the daily chart between the Price and the RSI. That is usually considered a buy signal. One word of caution is that there are a lot of false double bottoms in bear markets which we have currently in OXF but, the volume suggests that this one is not false. So we have a Possible double bottom supported by a Bullish divergence, oversold conditions and significant market volume. YES, that does look like a buy to me. http://stockcharts.com/h-sc/ui?s=OXF&p=D&yr=1&mn=0&dy=0&id=p28171057518&a=259459487&listNum=1