GGE 11.1% 0.5¢ grand gulf energy limited

abita drilling update, page-87

  1. 309 Posts.
    hmmmmmmmm...
    Market recovered after the interest rates ann came out and rates were still on hold for the 7th consecutive month.
    I reckon sell in May and go away is a definite factor here.Punters just waiting for the new financial year to get back in the game and hence the low volumes. The log results could surprise a few ...who may then want to get back in the game sooner rather than later. This may see the SP nibble into .006/.007.
    I see the SP creeping back to .01/0.01 levels before the big run. Remember a lot of people who bought during the spike a month ago might want to get out at the first opportunity and may prove to be a wall before the break out.
    In a TA's prospective the support is very strong at where we are right now, so if you are thinking of accumulating, then these are the levels.Nothing much devaloping chart wise here, unless you too can see the map of australia in the bollingers ! lol


    Goof Luck all .. and please DYOR etc etc ...
 
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