SXY 1.59% $3.10 senex energy limited

Manipulated?, page-13

  1. 15,767 Posts.
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    Made lower high, 42c gap to fill on support, if that fails, could have 20s handle very fast. There’s no FA reason why that should occur, (I doubt EIG are really sticking around though), however I think it needs to fill that gap to regain strength, the recent move up has fallen down. If it does that, then some good news comes out eg the 2nd infrastructure deal, then it strengthens the structure. The trade is to wait for the rebound off 42c as it’s a very dangerous slope otherwise, caution required IMO.
    Last edited by CEOChair: 31/08/18
 
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