NWE
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0.00% 5.6¢ norwest energy nl

gap, page-49

  1. sharks37
    8,720 Posts.
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    13/02/12
    18:20
    Post #: 9686667
    Some largish sells today pushing the price down early. The positive result technically is the 4.0/4.1 gap has been closed after buying support pushed the price back up off 3.9.

    Looks to me like there is some supply overhang above the 3.9/4.0 support. The key question is how much will there be when the approval announcement comes out.

    Cheers, Sharks.
    NWE Price at posting: 4.1¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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