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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: Re: Technical Events on CLL from Recognia

So far the trend looks not bad.

I would like to see the trend on the indexes improving.They are struggeling with the move to break the 50 % level.Though recent news is not bad at all there is hesitation among investors.If they could improve I bet on a higher move for CLL as well.

The triangle formation is broken upwards so that's not bad at all.Now it's looking if that top created end of May will be broken.

There is a lot of writing about take over but CLL is not UTS.I have somewhat same opinion like 2violins.The debt situation is a big drag for that company and I don't see no direct clue how they gonna fix it.Also I'm very carefull since management move when the crisis started.On construction they do a very good job but some decissions they made are not mine i had in mind and I'm not the only one.

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