GOE 0.00% 2.7¢ go energy group limited

Rakia...Conflicting influences here.The German equation, believe...

  1. 15,276 Posts.
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    Rakia...

    Conflicting influences here.

    The German equation, believe it or not is creating a negative effect in my opinion, with many "investors" steering clear short-term.

    Technically, support has formed, so a rise near term should ensue.

    Finally, the traders will recognise both the technical and fundamental (german) influences and try to take advantage of any increased volatilty.

    A strange mix don't you think?

    Personally, I am not sure we will see a sustained break today, or maybe not even this week, but one is sure to come at some point.

    It could well be that any over-exhuberance may in fact be enough to bring forward the expected trigger for the next rise?

    Hard one to call?

    I have exposure via my investment...but not sure if I will trade this one today?

    Cheers!
 
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