Yes its looking weak from a general oil market + chart perspective. For what its worth its dipped past the bollinger lower band but it is a very wide band, the SMA/MACD crossing already happened a week ago lol when the smart money started selling off in the high 2 dollar region.
I agree that most likely catalyst for SP improvement would be immediate news from Vietnam. Having said that LT I still believe in fundamentals I don't think there's too much LT risk in staying in. I'm in this one for the long haul
AWE Price at posting:
$2.50 Sentiment: Hold Disclosure: Held
