KAR 3.48% $1.81 karoon energy ltd

wonder where our support will be, probably be a couple of weeks...

  1. 1,825 Posts.
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    wonder where our support will be, probably be a couple of weeks at least until kronos spuds...expecting the sp will wane until we are in the midsts of that drill... where do u guys think our support levels will be? any chartists can give their opinions please?
    I'm of the opinion that the P2 was more positive than negative..but the market at large I think will have less patience and we will see that reflected in the sp until kronos brings in the goods (which I am much more confident of since we had gas to the surface from P2) I have the long view and feel for the guys who got in high and may feel compelled to realize a loss instead of holding tight for the probable good news down the track.

    In any case, good luck to all whatever your strategy may be.
 
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