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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

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Message: Support levels rising

Support levels rising

posted on Apr 17, 2009 06:08AM
Support/Resistance
Type Value Conf.
resist. 2.02 2
resist. 1.88 2
resist. 1.63 2
supp 1.23 4
supp 1.14 2
supp 1.07 2
supp 0.95 15
supp 0.76 14
supp 0.62 8

looks like the same pattern with daytraders taking their profits in morning trading giving way to Fund buying in afternoon trading,dont know if I would have the stomach for daytrading at this time,gonna be interesting,resistance is breaking down rapidly ??l

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