@Reno1 to answer your question on another thread @jaydee74 is...

  1. 2,206 Posts.
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    @Reno1 to answer your question on another thread @jaydee74 is suggesting about 4.8c in the near term and i fully endorse that forecast based on fundamentals (IMO that level will be reached in February). LPD would not sign a 25 yr lease for the processing plant if they had any doubt the project was definitely going ahead.

    If you don't hold much faith in "candles, cups n handles or intercepting trend lines" then I suppose you won't think much of inverse head and shoulders but this is a textbook case so far, I respect technical analysis as an indicator. And the technical analysis right now is pointing to a big upswing in SP

    MACD just crossed up and as soon as the volume ticks up above the daily average it will be on like Donkey Kong IMO



    https://hotcopper.com.au/data/attachments/3696/3696347-a6774f521585fd34a973d1101860ea4e.jpg


    GL
 
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