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
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.
It's well and truly undervalued.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...
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"
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
This is starting to look a little bit sick now IMO
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.Fairly large pullback today , IMO this will still fall lower and I'm still not quite so sure why
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.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.
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.
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