EMP 0.00% 0.9¢ emperor energy limited

Hi All,Looks like OBL may have seen a bottom at 7.3c. Thats a...

  1. 2,718 Posts.
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    Hi All,
    Looks like OBL may have seen a bottom at 7.3c. Thats a decent pull back from the 10c spike 2 days ago. There would ahve been a few people sell out on recent weakness. Its still a waiting game until prod tests are annc'd. I bought more again today and am looking at the price consolidating around this level before moving higher. Seems to be a bit of a stand off at the 7.6c/7.7c level today. With the overall market weak and a bit of nervousness due to overseas markets, speccy stocks like OBL may see added selling pressure but it seems to be holding fairly well today all things considered. 3 days down is usually normal reaction to overbought stocks so Im looking at the next few trading days building a support level.Cheers
 
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Last trade - 15.28pm 19/07/2024 (20 minute delay) ?
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