OEL 8.33% 1.3¢ otto energy limited

Crude Oil, page-24

  1. 10,873 Posts.
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    Hi @ecneitap,

    What are you thinking .... shoot through $75 and onto the $100+ area, or overbought and down she goes?? (all on a the basis of the chart and not any fundamentals)

    https://hotcopper.com.au/data/attachments/2999/2999141-e53bf7397bb9b035e3719530f8890e08.jpg

    Been trimming some quality (RDS, CNQ and even COP) into the oil price rally ... gotten rid of most of the underperforming dogs ... still got OEL 'cos I'd like a more "graceful" exit than 1cps (or the 0.8 we have now).

    Need a crystal ball.

    Last edited by cmonaussie: 14/03/21
 
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