It seems everyone has a view or a guess as to whether the share price holds, goes higher or retreats.
The answer is, no one knows. No one thought it would double in price in just over a week . How could anyone know.
I have always maintained that it would be the volume that would eventually push the share price higher and the volume that we have seen in the past week and a bit is what I am most interested in.
I am hoping that we are seeing some big players started to accumulate for the right reasons.
I am hoping that the oil price can hold around these levels.
I am hoping with the stabilising oil price, that BTA's are moving in the right direction.
But unless you are a seller who bought for a trade, then whether it finishes the day at 75c or 85c is of little consequence. The share price will ultimately take care of itself with impending news .
Today, it's 50c cheaper then it was a couple of days ago. That's a decent pull back in anyones language.
LNG Price at posting:
79.0¢ Sentiment: Buy Disclosure: Held
