Cyan re GRKmy expectation is lower than 2 baggers, perhaps just...

  1. 12,503 Posts.
    Cyan re GRK

    my expectation is lower than 2 baggers, perhaps just one bag, but DYOR tho as you know I like selling early LOL

    big difference is the volume action

    last move from 0.5 to 1.5c, there was no selling whatsoever after CR shares hit market, indicating most were only willing to distribute at higher prices.

    but this time we seem to have a big seller, of course the buyers seem to match up also, hence the big volume churn, but it's hard to tell who will win in this situation. looks like the buyers are in control by a small margin at 0.8c

    and last time the shale sector was truly on fire!

    my target for this run (if it ever runs) would be

    1.5c, which is last high

    beyond that, I reckon 1.7c, an old gap

    1.8c, sophs prob want 100% return?


    trigger event of run, I reckon either leading up to the testing commencing or leading up to results

    of course watch OBL
 
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