World Oil Resources adds 2.9%, outperforming 87% of stocks World Oil Resources Ltd added 0.10c (or 2.9%) to close at 3.60c. In the Australian market of 1,254 stocks and 61 units traded today, the stock has a 6-month relative strength of 87 which means it is outperforming 87% of the market. A price rise combined with a high relative strength is a bullish signal. Compared with the All Ordinaries index, which rose 42.2 points (or 1.0%) on the day, this was a relative price change of 1.9%.
One sale all day on close and it gets a rap :-)
Dosent take much to launch this stock
Late news a Déjà vu for long term holders? Looks like nothing has changed in that area then lol
Would be nice to see a Trading halt Monday but if they need another week to get it right it don't bother me.
ABL Price at posting:
3.6¢ Sentiment: Hold Disclosure: Held