STX 4.05% 17.8¢ strike energy limited

Basic Technical indicators should change today and tomorrow due...

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    Basic Technical indicators should change today and tomorrow due to the positive fundamental news. The only thing that could bring this down would be a wider macro market negative; like an overall crash in the market due to some unpredictable reason...

    The MACD should quickly go into a positive convergence and then positive divergence with momentum. A possible negative convergence around 15c to 16c but I'm hoping I'm wrong and it pushes towards 20c before convergence.
    Last edited by DanglingPointer: 27/05/15
 
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