MEL 20.0% 0.4¢ metgasco ltd

sto/esg/gastar/hgo tranasction implications, page-22

  1. 1,504 Posts.
    Funky, sometimes you need not to worry about Technical Analysis and this is one of those times. Techincal Analysis can not show the implications of the ESG/STO deal. People aren't going to be looking at their charts tomorrow they will be hitting the buy button regardless of their technical analysis.

    This is just my view but I think Technical analysis is irrelevant for the CSG sector as there are announcememts, rumors, news and consolidation that greatly affects MOST CSG companies.
 
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