I grabbed a trading parcel today.
Technical s look good for Senex ... to push ahead to .30c in a 2 week time period and or 12% gain.
She's stuck in a trading range but doesn't mean you still can't grab some coins within the bands.
Still holding all my longs though as I still think Beach will come bearing gifts now that;
1. Beach SP is circa .90c
2. POO holds above $50 and runs to $60 over 6 months thus underwriting the buy premium.
3. We believe in the East Coast Gas shortage = price rises for Dom gas.
Senex is a nice one to tuck into the portfolio and look forward to 100% gains over next 12 month provided the 3 points above play out.
All IMO ...... up to you !!!
SXY Price at posting:
26.0¢ Sentiment: Hold Disclosure: Held
