Thanks for clearing that up yesterday regarding the price and volume of gas.
I have decided to only confer with the charts at this stage, as the rest is just repetitive and boring.
Now we are starting to head to the pointy end of the stick.
Had a quick look to see if there is any improvement in what would have to be an overkill when it comes to GDN being oversold. Well, in most cases what comes up must come down and vica-versa. Currently, i am seeing an uptick in the RSI even though it is only slight at this stage. As well, the MACD does appear to be bottoming out and preparing itself for the next move up. Again, both indicators are at their early stage. The DMI still has a way to go but can change very quickly.
Maybe another week and then i think we will start to see some real movement north. Every likelihood it will be a big move given how oversold it is.
That means our oppies should fair very well depending on news of course.
Yep, i had been trying to work out roughly where GDNOA should be trading at various increments to the heads.
GDN GDNOA
.08 .01
.09 .012
.10 .015
.105 .018
.11 .021
.115 .025
.12 .028 - .030
Thats only rough.
However, i don't think its that far of the mark.
Sceeech!! Still have not got those .006's yet.
May have to move up a notch if i don't get them within the next couple of days.
Cheers markco2
- Forums
- ASX - By Stock
- GDN
- image
image, page-21
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)