STX 2.63% 18.5¢ strike energy limited

Ann: Jaws-1 Technical Update, page-39

  1. 8,449 Posts.
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    The re-trace is not a surprise at all.
    There's always the buy-on-the-rumour, sell-on-the-fact mentality at play.
    Given this, it would needed to surprise to the upside just to hold onto the significant recent gains <50%.
    The mere mention of uncertainty regarding gas content was enough for a few to consider selling (although I wasn't at all).
    All progressing nicely.
 
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