each to their own gann, if technicals work for you then stick with it....fundamentals work for me and technicals are beyond my understanding. My point was I don't see how technicals can predict the results of the well program which could blow the chart out of the water so it's best to be informed of where you could go wrong. Maybe I should do the same from a technical perspective.
I hope you're wrong. I am not bearish the oil price and anyway, if OEX has exploration success they will rocket regardless of price of oil at $140 or $70.
That's why I said if you're bearish oil best target a stock without so much exploration upside and news flow on the way. Better just a cash cow oil company.
OEX Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held