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Roxi Petroleum shares tipped to rise as high as 16p in coming months

Roxi Petroleum Plc (LON:RXP) shares could rise to around 15 to 16p in the coming months, according to technical analyst Zak Mir.
 
In a Tip TV segment for Proactive Investors Mir highlights the ongoing recovery in the group’s share price over since the early part of the year.

He notes a number of key technical features in the chart which point to support for the share between 9p and 10p, and suggests the trend is now pointing upwards.

Quick facts: Caspian Sunrise

Price: 9.7 GBX

AIM:CASP
Market: AIM
Market Cap: £182.62 m
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