Had a look at the chart on the weekend. This stock is looking for a serious leg up and it is showing signs on the chart that its keen to move.
1. Has broken a downtrend line since March 22nd. 2. Ridiculous amount of +ve divergence on the MACD which the price has not followed. 3. Massive volume recently. 4. Other factors non chart related. Currently drilling and recent director buying.
Have tried to pick it before but it looks strong for a reversal this time.
Maybe some +ve ann. from La Coucaracha Gold mine.
All above imo.
SWN Price at posting:
3.2¢ Sentiment: Buy Disclosure: Held