Rob, other than the stochastic indicator my charts show the MACD crossing and the RSI trending up from an oversold level, also crossing the important 50 point level.After today's action technicals do look the better for MPO.
Hopefully with the deal stuck by Total and Chesapeake, and Arrow Energy's news today the sector might just kick along.
As for predicting the future price, I'm a bit nervous as we haven't even hit the last predictions someone organised a couple of years ago.
2010 predictions, page-9
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