Placed a small buy order last night at 25c on the basis I would be happy to hold it at that level with the expectation of realising 35-40c around/after MEO farmout. Was away from PC this morning and after seeing it rise placed a sell at 33.5c -when it was trading at 33c - as I'm happy to keep some capital free in this market. Lo and behold it looks like it has settled at 32c and may trend down to 30-31 at close?
I'm not generally a day trader (unless I am happy to hold in the event the expected rise doesnt occur) so I am wondering what more 'experienced' day traders think based on volumes/indicators etc?
MOG Price at posting:
27.5¢ Sentiment: Hold Disclosure: Held
