nsw csg back on!, page-6

here's a chart...

cup & handle formed since the recovery of the last 3 months.
Needs to break 15 cents to regain momentum and get new buyers on board.

Nice to see it bounce off the support line.

From there, there is resistance at 20,30 & 50 cents

Bigger picture, longterm downtrend broken and it is about to form a U shape recovery. The beginning of a much larger CUP.

I think a range between 30-50 cents looms large if a few things line up and Dart certainly has a pipeline of such news.

+UK JV for one.
+Further asset sales
+Further government action on NSW gas. That now seems inevitable IMO. It's just a matter of the market waking up to it.