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$ROX - Castle Brands

Long
AMEX:ROX   None
Looking at initiating a long position on ROX at 1.85 which is above todays high of 1.82

The company has some strong financials backed by oversold indications and a rejection from the 100ma alongside an outside day bar.

Stop 1.50
TP 2.35
Comment:
Stopped out at 1.50

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