This is the weekly chart which shows a resistance of 2 cents and another price plot of 3 cents. To get past 2 cents resistance the full body part of the candle needs to break through this level not just the wick and it needs to be a green candle. I think the sp is consolidating at these levels and will break out into new levels.
My reason is that we are not drilling yet and we are still acquiring which one isn’t finalised. Once we start drilling and prove commercial, also if we discover more oil and gas on the exploration side. These are some factors IMO only. A lot of up side here. I will analyse again once at the next new level. The price of oil and gas and also the trouble with China with the other commodities will have an influence as well. Oil and gas will be in play big time soon IMO.
Ann: Change of Director's Interest Notice x 3, page-21
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ROG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.6¢ |
Change
0.001(20.0%) |
Mkt cap ! $32.53M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.6¢ | 0.5¢ | $24.85K | 4.621M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 39 | 71871742 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 91901365 | 42 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| ROG (ASX) Chart |