RE:We closed at a 52 week high today
very bullish close today finally breaking out of that mid 1.teens range over the past couple of days..
i'll take a stab at the ta but i am by no means an expert but can read a chart. mon/tue iae will do one of 2 things for the short term, depending on where oil trends. if oil holds here or continues inching up iae should continue up to 1.40's where there is maybe some small resisitance, it should pause there a bit after that if you look at the 5 yr chart there looks to be resistance in the 1.80 to 2 buck range, traded there for a quite a while actually, this is where i am hoping to sell most of mine ( hoping it happens pre stella). after that peaks 2.25 or so looks about right if all goes well with start up. i think he looked at a 3 yr chart maybe with his assessment and he could be more right than me. the rsi and momentum are up but not too high lots of room to run.
on the other hand if oil drops a bit or even holds steady here we could see a short term bounce back down to maybe 1.20 or 1.highteenish to retrace these quick gains. i did sell a few of my traders at the close for 1.29, still have my core and some traders.
my gut feeling is that it will probably continue up to 1.40's as we are getting closer to start up and that may trump any small downturn in poo (unless it is significant)
geakko you really are a fooking idiot. that dipsheet is mulaman aka rodentrunner and stockslut, all their posts were similar bs, none of them had any dd whatsoever involved. the clown was an idiot, if anything iae was showing buy buy buy on a breakout, the idiot sold at a very bad time imho. plus he is a lyin pofs with the bs about problems. there could be problems for sure but most likely not untill start up a month or so away.
cheers ferret
happy tks giving to all you cdn turkeys