sold at 19.5, page-13

My chart says its range trading until it either falls below 17.5c or breaks above 26c - buying now is bottom fishing ( punting guessing ) i get the fundamental undervaleued aspect but their are plenty of beaten down stocks that are undervalued quite a few that are trading at market caps below cash in the bank.

so if your value investing you need to be able to pick the diamonds in the rough- personally I think just punting the oil price like Bhutos did with his trade is a better way to go at this point in time - I have no idea what the price will be in 12 months but T/A is simply a tool - all your aiming to do is to catch the bulk of any uptrend and avoid the bulk of any downtrend.