I posted this on the Day Trading thread.
SSN - get into position
Just thought I would throw up a chart for SSN showing a decending triangle that has formed. This looks ready for a break out and with news pending now on three wells, a break to the upside is on the cards.
After a good consolidation the break should be a strong one.
1. workover rig for GC#2 expected to arrive today.4 zones on this well (which is already producing) to be fracture stimulated and flow tested.
2. Ripsaw shedule for spud between March 18th and March 25th.
3 Gene#1-22H well expected to be fractured mid to late March.
Ipod - I agree, in a short time we will look back at the current SP and shake our heads.
cheers
Ange
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- positioned for a big breakout
positioned for a big breakout
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