Regarding yesterday?s 18th may 2011 temporary spike down. O 352, H 353, L 328, C 351
There was also a big spike down on the 11th March 2011. O 339, H 354, L302, C 342
In both cases by close the price came back to near the open.
Now this is the interesting part ?
After yesterdays temporary spike down, today there was a good announcement on drilling results. The sp has rallied O 352, H 371. Close probably will be near today's High.
After Friday?s 11th March temporary spike down, there was a gap up the following day ie previous days close 342 then Monday 14th March O 351, C 365. The following day Tuesday 15th March there was another gap up followed by an announcement (3:17PM) on good drilling results, after which there was a selloff on the good news. O 371, C 342
Draw your own conclusions!!!
To be continued ....
TRY Price at posting:
$3.72 Sentiment: None Disclosure: Held
