The last couple of threads seemed directed at persons, so lets have another about TEX.
To start it out, i think its a fine thing that there are no 'duck-shooter' dumpers here.
So often we see a retrace was only fir the final benefit of a dumper and then it sinks further
- but not at this time. This tells me that in general everyone is hanging on including the smart money holders.
It has already hit its 6.9 low and double tested the gap and now there is no real reason as to why the share should go or stay lower - and in line with logic, the share has turned its price direction around again.
I just put in another order for 7.2c as a result as i am sure that as we apporach Thursday, the trading floor will heat up in anticipation of gas flows or hydrocarbon target updates.
Cheers
L
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