Strike, just looks to me that "rally" was sell the news in reverse (short covering) with the equity partner found. Shorters collecting their juicy profits since no more company life threatening news to look forward to. 2nd wave of fresh shorters jumping in to test the recent low.
Bulls are losing the battle and can you blame them? ERA is not exactly a shining star for the environment, no geographical relevance but sector sentiment is a powerful driver. Fukushima still to tell us about missing rods and god know what else. Got to be brave still in this sector, good luck to the LT holders. Can't say I am interested in this sector with competing energy sources ie. cheap gas everywhere and an environmental nightmare. I reckon gold is a safer place, ironical really!
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Open | High | Low | Value | Volume |
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2 | 11323 | 11.790 |
1 | 11323 | 11.760 |
2 | 1625 | 11.750 |
1 | 256 | 11.700 |
Price($) | Vol. | No. |
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11.850 | 15265 | 1 |
11.930 | 4201 | 1 |
11.990 | 1280 | 1 |
12.000 | 100 | 1 |
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