Welcome to the Connacher Oil and Gas Hub on AGORACOM
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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What do you think Sharky?
posted on
Mar 30, 2010 11:20AM
Anyone getting nervous here? It looks like the "music is fading" and speculating buying on rumours is drying up. Momentum players will jump the ship first. They use the most sophisticated software to detect the momentum change.
What do you think Sharky? The Bollinger band is very wide (change of momentum) and we are at the top of the trading range approaching the oversold condition. Is it time to take the profit on this crazy run?