BouttheBenjamin

ROX BEGINS NEW BREAKOUT CYCLE

AMEX:ROX   None
Using cyclic lines I noticed that the breakout and breakdown points of the 7 and 77 day moving averages on ROX are exactly 137 days apart on a 343 minute chart. ROX broke out on February 27th and broke down on July 14th for a net gain of 141.45%. The breakdown continued from July 14th to November 29th with a net loss of 34.28%. Then on November 29th, ROX's 7-day MA broke out above the 77 again for the first time since July 14th. If this breakout cycle proceeds as the previous, ROX should remain in breakout between now and April12th, and could potentially double in value, at least.

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