CXO - Chart Thread, page-6417

looks to me like a nice consolidation of the reversal.. never going to be a straight line rally.. there is that gap at .93 but whether or not that ever gets filled who knows especially if there's talk of stabilisation in spod pricing

building for the next move, fundamentals are only going to get better.. rain is gone, for six months at least they will stockpile like crazy to process later.. so where does that leave the shorts

with such a massive position shorts can effectively 'control' the market for CXO but whether they can extract much more profit out of it I wonder

in all likelyhood, considering the inflow of cash, shorts cannot cover via capital raise, unlike other massive short positions where they build it knowing a company will have to go the markets for capital eventually

so a short covering rally is not out of the question imho

GLTAH and of course DYOR