Re: Strange move with 11 mil...?

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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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sharky

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Re: Strange move with 11 mil...?

in response to

Strange move with 11 mil...?

jurek

posted on Nov 17, 2010 03:29AM

Hi Jurek

What i don't like is the CLL pattern.It looks more like a descending triangle formation .http://www.thestockbandit.com/descending-triangle/ Where the 1.15 line is the horizontal support and the resistance with lowering tops .see chart ..Also Booster is concerned about the attempt to sell assets.

This morning oil is dropping again in Europe so far so could be a tricky day again.

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