It seems to be hovering (broadly) between about $3.00 and $3.50.
I'm not a chartist, but I do (loosely) occasionally look at the 10 day and 35 day EMA patterns, and I see that at the moment the 10 day is moving back toward the 35, though not crossed it yet, but the stock price has risen above both, which seems positive. The last time the stock price did that it went from $3.05 to $3.60.
I presume at some stage there may be another dividend announcement, and usually stocks go up for a few weeks before that time because some people want to get the dividend. I'm not sure if there will be a dividend this time, it probably depends on whether the profits have been great enough recently.
Anyway, as usual, gas is under threat from the left-wing media, but I like it, for cooking and heating. And you can even create Hydrogen cost effectively with gas, although the price of electrolysis is slowly coming down.
Gas works.
Cheers,
Gw
SXY Price at posting:
$3.30 Sentiment: Buy Disclosure: Held
