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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: Chart view

Sep 23, 2009 02:48PM

Sep 23, 2009 03:42PM

It's been a long time I looked to CLL chart.

So it looks we are in some kind of slowly uptrend so far.I drew the support line.Could be we go back to tat line around 0.95 .

After the big doji candle showed up the trend changed again.Next week we go into October month which is not the best of year and also overall markets are coming under pressure.I think once October is passed the trend can switch again.

Don't think CLL will surpass 1.5 $ .Maybe after Algar is on steam .Fact is now we had to divide earnings over twice the amount of shares.

If the support line holds that would be ok.


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