Re: thoughts why CLL keeps dropping?
in response to
by
posted on
Oct 03, 2008 10:17AM
Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta
Probably a technical thing.
Chart lost his support yesterday which has hold for 2 years.Yesterday it was a very bearisch candle.
I think markets think oil price will go down further.
We have no support for CLL from big investors so the short sellers can do what they want.Volumes are also in normal range.