Ann: Perth Basin Update, page-2

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  1. 782 Posts.
    lightbulb Created with Sketch. 66
    Taken fro comsec charting,

    KEY shares appear to be in a long-term bearish trend confirmed by a falling 200-day moving average. However, there are rallies occurring at shorter time frames. The 5-day moving average is above the 50-day moving average and the 20-day moving average is rising. This is very bullish and means that investors see opportunity in this stock.

    We will see if it means anything,certainly if the flow testing is positive then the whole of ep437 is upgraded, but on the negative side it would be a dash in the dreams if there was nothing.
 
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