CVN 0.00% 19.5¢ carnarvon energy limited

Ann: March 2011 Quarterly Report , page-41

  1. 1,798 Posts.
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    hi yes,

    21.5 may hold. I did buy at 25 and some at 26, but I also sold them at 25/24.5 and bought even more back at 23.5 and sold all at 24.5. I don't usually post what I do, but if you read between the lines I am roughly buying at support and selling at resistance which i figure is about as good as you can do. Overall I am roughly even and just took some at 21.5. Shorters will need to buy back some stage and yes seeing the RSI turn up a little and MACD so low maybe encouraging to new buyers.



    I like GXY too, but a hard stock to own with volatile moves.
 
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