Re:Karoo- US shale gas operations offers lessons -oilmaninvestor
in response to
by
posted on
Jan 08, 2013 03:30PM
Developing large acreage positions of unconventional and conventional oil and gas resources
History has shown to follow the rule and you won't be sorry and be upside down. I am waiting for the day when I can use a trading account again with falcon, ie when 7 day>20 day>50 day. Go back and study Gasfrac price right now or Falcon price history or a favorite stock of your own and you will see that you will be participating when the stock price is rising and out when the price is wandering or deteriorating. With good news in this January I hope to see the numbers change for Falcon, ie., currently falcon is upside down --7 day sma = 18.5, 20 day sma = 18.7, and 50 day sma = 19.5. When the prices get upside right we will be on the way to Solys' target price and I don't think good news can be that far off and tigger the upsurge. I also like to watch Chaiken Money Flow indicator on my charts to see when the money flow is positive into the stock and I like to forget about cancord & etc. - they can be trampled.