Welcome to the Connacher Oil and Gas Hub on AGORACOM
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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One site I frequent shows CLL support at $1.30 then the next support level @ $1.25...Now my level 2 is showing total bids of 181,800 @ 1.29 and another of 170.700 @ $1.27 ..So one of 2 things is happening. Either CLL peaked at $1.34 last week and this is the beginning of the retreat OR the MM 'S are trying to take out the stop losses prior to moving SP up again..Guess that's the million dollar question..