CNX 0.00% 7.4¢ carbon energy limited

craigl, page-2

  1. 461 Posts.
    Sorry man, been on the road with my day job so haven't been able to monitor what's been happening the last couple of days (not game to hold in this market unless I'm in front of the screen).

    Minor historical resistance (previous support) may be encountered around 44c. Gap down has been filled. Probably some profit taking today, though Dow futures are climbing again. It's anyones call really, I have no idea.

    One differentiating factor with this stock is that it provides "hope", which is hard to come by in an otherwise bleak market. Nevertheless, with more negative announcements expected to come out of the US this week, I suspect more selling pressure will come into play.
 
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