On this day, the bear advances in a very low volume. In the last hour, initially bear opens one pip lower but bulls regained control and opened higher. Limited opportunity for ST/DT to play.
1000H-1100H Stalemate, OHLC = 6.9c, V=1,445,689
1100H-1200H No trade
1200-1300H Bear advances one pip OHL = 6.9c, C=6.8c, V=492,175
1300-1400H Stalemate, OHLC = 6.8c, V=2,595,308
1400-1500H Stalemate, OHLC = 6.8c, V=423,785
1500-1600H Bull advances one pip OL = 6.7c, HC=6.8c, V=166,667
On another note (from another thred),any regulatory actions that will affect the cost of oil exploration and production (in regards to environmental safety) will definitely affect the price of oil in the future. In the long term, add the inflationary effect of all economic bailouts (decrease purchasing power of US$), how will this affect POO? NORTHWARD!
SSN Price at posting:
6.8¢ Sentiment: LT Buy Disclosure: Held