CXY cougar energy limited

trend worries pt2, page-3

  1. 16,628 Posts.
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    CXY sitting right on support currently at 11c.

    Yesterday wasnt a good day imo dropping 8%+ on good volume on the back of 'good news'.

    If it makes a lower low today, below 11c, which with the dow last night you would expect it too on the back of yeserdays sentiment as well will test 10c support.

    The next support is around 9c as far as I can see.

    Today is the key for me.

    If today doesnt work out I might watch for a 8/8.5c entry in the coming weeks.

    Cheers

    Chris
 
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