CIG 0.00% 6.0¢ caspian oil & gas limited

re: flying Not sure why it's surging again but I looked back...

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    re: flying Not sure why it's surging again but I looked back over C Davey (Investorweb's chartist) August 25th analysis and was reassured again - Copied again here for those who missed or lost faith:

    ""Outlook

    The cumulative effect of this price action is good base building. A return to the 4.3c mark or even down to 3c would not be a bad thing. However the 10.5c target is still in range. A close above the latest high of 8.1c would imply an even bigger move than the 10.5c level. The large basing pattern in terms of time, coupled with the relatively narrow range price action implies this is the base of a sustainable and long term uptrend. CIG at 20c, 30c, 50c or even higher in not out of the question.

    Support:- 0.055; 0.043; 0.03; 0.023

    Resistance:- 0.081; 0.105; 0.20; 0.31; 0.41; 0.50 ""



 
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