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Bullboard - Stock Discussion Forum Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  RECAF | V.RECO.WT | RCNWF

Reconnaissance Energy Africa Ltd. is a Canada-based oil and gas company. The Company is engaged in the exploration of the Damara Fold Belt and Kavango Rift Basin in the Kalahari Desert of northeastern Namibia and northwestern Botswana. The Company holds interest in a petroleum exploration license no. 0073 (PEL 73) in northeast Namibia and an interest in petroleum exploration rights in northwest... see more

TSXV:RECO - Post Discussion

Reconnaissance Energy (Africa) Ltd > Afternoon Predictions?
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Post by TenneseeOil on Jun 25, 2021 12:13pm

Afternoon Predictions?

So far Longs are laying down and taking it. I think we will Close around 10.50 today I think we will be around 10.75 towards the EOD but we will see a .25 of share price evaporate in the final 5.

If we take on a short attack inn the afternoon then I think we end between 9.50 and 9. in a short attack with volume. They will have taken out two important points of resistance if that happens. They feel out the mornings and either go for the kill or based on resistance  but they've always let the price rise on lighter volume.
Comment by Bpultra on Jun 25, 2021 12:25pm
===================== Yeah they are marching it down.... I had 1000 sitting on the bid at 12.30 and it just got filled ... a few blocks sitting at 12,25 and 11.88 so pretty thin... probably should have pulled it ... but will see .. how the rest of the day pans out but looks like they want this back under 12... again
Comment by Ebenizer3 on Jun 25, 2021 12:26pm
10.90 us....13.10 cad
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