So Opec extended deal to end of 2018. This puts a real floor under oil price and reduces the chances of another oil price shock that may have put the company at risk.
I believe the rally will continue and as it does more investors will become bullish as many are currently speculating that it’s a fake out.
Nothing goes up in a straight line but as long as we are getting higher highs and higher lows (in a large time frame) then it’s bullish IMO.
My brain dump for today!
SEA Price at posting:
6.5¢ Sentiment: Buy Disclosure: Held