BPT 0.78% $1.29 beach energy limited

Frankly, a close below $1.30 would signal close longs position....

  1. 2,541 Posts.
    Frankly, a close below $1.30 would signal close longs position. $1.31 is lowest bargain hunters should wish for, after that it would be a shorters party.

    In any event, wishing for sub-$1.30 would be pretty futile given the big down driver of the price is now the up-driver (Matthews et al).

    Full candle above $1.77 will give $3.17, hence the serious interest by Matthews stable.
 
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4 34665 $1.29
 

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$1.31 70240 7
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