MEL 0.00% 0.5¢ metgasco ltd

support weakening, page-16

  1. 214 Posts.
    There goes the 18c support, close on the low for the week and below support means next week will be a fight to get back above 18-19 range I reckon.

    The entrenched downtrend continues. Next support level around 16c, and below that is anyones guess.

    The market once again is not interested in the Gas shortage Story, safe fraccing story, low carbon story. This low end of town is risky and the market is clearly saying so!
 
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