NWE - Norwest Energy

[hangseng]

lol Hangseng,

It sounds as if your trading will ensure you take home the bacon.

Let me know if you need any charts.

Continue the good posts mate.

Am in this little goer, but later than you.

gg

Maybe you would like to comment on this chart. This is the same person that picked the last pennant breakout, picture perfect his last call. Also a good offline mate of mine, very astute investor/trader.

Shadders, from afar...

"Picture perfect. Actually the Pennant part of the pattern looks like an ascending triangle which is also a continuation pattern.

Target for this pattern is 9.9c on breakout over 8.5c"

 

[ACEz]

Back in today on open , 8.5c is the resistance by the looks of things.

Hopefully a late break today and push through that resistance in true NWE style.

 

[hangseng]

Back in today on open , 8.5c is the resistance by the looks of things.

Hopefully a late break today and push through that resistance in true NWE style.

What I also know in the background there is a concerted effort to get the oppies into the money. 10c by 30/6/2012.

Starting to look like they will be.

Back of the envelope valuations being done afar now have NWE at a Mkt cap at somewhere between $500m to $1b based on the shale gas leases and Wessex.

Current Mkt Cap $69m

Let's see what happens...

 

[ACEz]

What I also know in the background there is a concerted effort to get the oppies into the money. 10c by 30/6/2012.

Starting to look like they will be.

Back of the envelope valuations being done afar now have NWE at a Mkt cap at somewhere between $500m to $1b based on the shale gas leases and Wessex.

Current Mkt Cap $69m

Let's see what happens...

It's well and truly undervalued.

They will be in takeover territory in the 300+ million mkt cap IMO.

We will see the true potential after the flow results, Because at the end of the day it's all about the flow....

 

[Garpal Gumnut]

Maybe you would like to comment on this chart. This is the same person that picked the last pennant breakout, picture perfect his last call. Also a good offline mate of mine, very astute investor/trader.

Shadders, from afar...

"Picture perfect. Actually the Pennant part of the pattern looks like an ascending triangle which is also a continuation pattern.

Target for this pattern is 9.9c on breakout over 8.5c"

Thanks hangseng,

I am unable to comment on the chart as posted as subsequent price action shows merely a higher high and a higher low, on a breakout from a trading range. No evidence for an ascending triangle nor a pennant atm to my eyes. Which is not to say NWE will not continue it's ascent.

Follow the trend, is my view and the trend is up presently.

gg

 

[hangseng]

Any comment?

This couldn't be any clearer...100% BUY signals.

http://www.barchart.com/opinions/stocks/NWE.AX

 

[rivi]

Any comment?

This couldn't be any clearer...100% BUY signals.

http://www.barchart.com/opinions/stocks/NWE.AX

This is starting to look a little bit sick now IMO

 

[newanimal]

This is starting to look a little bit sick now IMO

down day for the market. Is this a shake-out? Lotta stops run at .065. (lotta commish reaped too. Popped back up above that support...lets see where to from here. My stop@.065 was rejected so I'm still in--- a curse or a blessing?? Nothings changed fundamentally. Late May/ early April activities still on the horizon. All stellar features/prospects still in place. I'm inclined to hold on at this point but watching closely. We'll see

 

[hangseng]

This is starting to look a little bit sick now IMO

Yes the short term picture isn't as rosy as it was on the 27th March. I thought it may have been hit more today though with the down market. Holding surprisingly well and no major dumping eveident.

http://www.barchart.com/opinions/stocks/nwe.AX

 

[ACEz]

Fairly large pullback today , IMO this will still fall lower and I'm still not quite so sure why

 

[Garpal Gumnut]

Fairly large pullback today , IMO this will still fall lower and I'm still not quite so sure why

Yes, I've been in and out of this nicely, more from gut feeling than any charting reason. Who knows? If it finds support on higher volume, it may speed up again.

gg

 

[newanimal]

Fairly large pullback today , IMO this will still fall lower and I'm still not quite so sure why

H&S could be seen forming over past few sessions with a gloomy look. Sure enough followed through. Can't see any reason aside from technical. Got stopped out a ways back @.063. Can't complain though having entered @.035. Next time I approach 300% profit territory within a month and 1/2 however I'll have better sense to sell.

 

[ACEz]

H&S could be seen forming over past few sessions with a gloomy look. Sure enough followed through. Can't see any reason aside from technical. Got stopped out a ways back @.063. Can't complain though having entered @.035. Next time I approach 300% profit territory within a month and 1/2 however I'll have better sense to sell.

If it drops below 0.058 who knows how low it could go, I doubt it but it could be possible to see mid 4s again. It will be interesting to see what the price gets too before the FRAC, As always time tells the truth.

 

[ACEz]

"Beach Energy have announced that Halliburton have finished fraccing there Encounter-1 well and the spread will be released and be returning the the cooper basin to frac there other well June/July."

Certainly good news for NWE holders !

 

[Joules MM1]

promises promises.......seams like they comin true

NWE up 25%

thanks to Steeden (topstocks) for the pic

 

[philly]

anyone out there still holding after the disappointing ASX release last Friday? How does the flow rate go from 3.15 million to 315,000? Or is it merely a typo
Looks like another 3 months before any further results are known.
I hold but will need to re assess

 

[RP_Automotive]

anyone out there still holding after the disappointing ASX release last Friday? How does the flow rate go from 3.15 million to 315,000? Or is it merely a typo
Looks like another 3 months before any further results are known.
I hold but will need to re assess

EDIT: Commented on a post that was way too old.

 

[philly]

EDIT: Commented on a post that was way too old.

did you see the ASX release on 18/10/13. How is this too old

 

[raimop]

Finally after wot seems an eternity no it has been an eternity NWE has completed its analysis of the Arrowsmith - 2 well in the Perth Basin WA.

The results indicate that both the Carynginia & Irwin River zones are potentially large gas producing zones.
NWE needs to obtain further seismic data over the area before they select a site to drill Arrowsmith - 3 well. Unfortunately, this will not occur until 4Q 2014.
So it seems all is going well but as usual very slowly.
I hold

 

[iwasereonce]

Hello all,
Sorry to ask silly questions am very new to this.
What's people's thoughts on NWE
Some news today Bruce Clement is on board, seems he has lots of experience in this field.
Volumes were nice today as well.
Love too hear what experience traders think.
Thankyou, appreciate any opinion or insights.