Hi V_H thanks for the links, very useful regards the leading indicators. Agree that it looks like a OP re-bound could happen quickly enough, although day to day I suspect for a while the OP will still be choppy as there are large inventories & inventory news is sensitive.
Interesting day today on the MRM share price. A fair bit of volume, price down and the sell stacks high. The special OPEC 'technical meeting' very soon. Could it be that shorts are playing games and covering today?
Could be some good buying today...
My experience with MRM, page-45
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| MRM (ASX) Chart |
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