KAR 0.98% $1.55 karoon energy ltd

my thoughts, page-4

  1. 234 Posts.
    Buyer present on the open today, got the market rolling.

    Momentum should carry through to tomorrow with no US cash session tonight.

    Would love an update on the drilling before market open tomorrow, but am not expecting it.

    Assuming no fundamental update, looking towards a target range of about $8.50 - $9.00 in the short term as shorters take profit and new buyers enter in anticipation of news.

    Sell down was far overdone.
 
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