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Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

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Message: Support levels rising!!

Support levels rising!!

posted on Apr 30, 2009 11:22AM

as can be sen below support is on the upswing,as for CLL following bbl pricing IMHO that is daytrading and antsy investors(I use the word loosley here)I have not been averse to using the same tactic so far luck has been on my side as the volatility in folowing the WTI price can be usurped by accumulators and MMs





Symbol Last Trade Date Change Open High Low Volume
CLL.C 1.27 Apr-29-2009 0.11 1.16 1.33 1.16 4,059,946

Note: Canadian symbols now end in .c i.e SYMB.C

Analysis Overall Short Intermediate Long
Bullish (0.43) Very Bullish (0.51) Very Bullish (0.52) Bullish (0.26)
Support/Resistance
Type Value Conf.
resist. 2.02 2
resist. 1.63 2
resist. 1.38 2
supp 1.15 14
supp 0.95 17
supp 0.74 8
supp 0.62 8
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