Australia's largest stock trading and investment forum Australia's #1 stock forum

DLS

Click for more information

0.00%

69.0¢ drillsearch energy limited

Ann: September 2015 Quarterly Report Conference Call, page-5

First 5 Last

Share
Profile

Follow
g12m0

1,632 Posts.

52

22/10/15

01:24

Post #: 16225884
Share

Originally posted by nordesmic ↑

Yeah I tend to buy early if I have confidence in the company. I feel like there has been a definite detachment between the stocks and the oil price for the last week and that means something to me. Plus there enough potential catalysts in the market for me to have a bit FOMO.

Strong moves up on volume followed by three days of consolidation on lower volume is often a good short term candlestick pattern. If the fifth day is a solid up bar again it classifies as a 'rising three methods' which is statistically in the top few patterns. Basically a fancy way of saying a flag pattern.

Expand

sharemarket movements has an effect on oil stocks as well. Even if price of oil stays at a certain range.

DLS Price at posting: 64.0¢ Sentiment: Sell Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Chaos reigns markets – so let's take stock of where we're at ahead of December

There are more pages in this discussion • 5 more messages in this thread...

First 5 Last

Add DLS (ASX) to my watchlist