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Long Run Explor Ltd Ord WFREF

"Long Run Exploration Ltd is engaged in the development, exploration and production of oil and natural gas in western Canada."


GREY:WFREF - Post by User

Post by goldeneggon Mar 17, 2015 1:07pm
241 Views
Post# 23530096

another 1/3 covered

another 1/3 covered67-69

and look at that a green day, remember what I said 77-81. By the way the reason it's 77-81 is that's where the last gap down was from and every level has to get filled - refer to the chart I provided you all.

seems 66c is support, bounce off it again, if it closes above that its basically confirmed. I like giving it 5 trading days, RSI still oversold on a 1month basis but today its signaling near overbought (cover) levels at 64.51 - it hits 70 on the rsI and she could flatten but key is to be on the green to break the trend (trend is your friend folks).

Don't be a hero and get any ideas of buying it up thinking that i'll sell 77-81 and try to beat professional traders - you can't win. We can see the trades better than you can.

Let it play out and pls be safe with your money. 
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