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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

Comment by thefabergeggon May 22, 2015 6:57am
107 Views
Post# 23753151

RE:RE:Study - Here you go guys

RE:RE:Study - Here you go guys
Nailed it....


thefabergegg wrote: nailed this call or what. 



goldenegg wrote: assessment of where it will or the very least should trade especially on upside, downside is pretty much limited here as I'm sure there have been a lot of covering this week already. RSI have recovered to 37, from the low of 23-25. 

reflect/northwestcoast - if you're gonna buy, bid at 66 that's support. Entry matters, if you plan on averaging down, pad your portfolios, a short term trade and exit at some point to recover some back. am not saying you get filled at 66 but if you keep bidding at 65 and it gets filled the technicals gets bearish and the leg down is 60 - you're trading against yourself and everyone else because you've already bought at higher prices. it needs to close at 66 or above to break that downside trend. 

and FYI now that this is on penny stock territory the people that's can make this stock move up are limited. I refer to the fund managers, retail buying will not make this move up - I don't care if you keep buying and have unlimited funds that's just facts. If you do have unliimited funds you might as well buy the company.

good luck 

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