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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: Anyone Get the Feeling====

Jan 11, 2011 12:50PM

Jan 11, 2011 04:13PM

Ya think?

In all fairness it did have a good run and went up as others went down..January is RRSP season in Canada and CLL is way overbought right now..The only way markets will continue to rise is if the retailers get sucked back. You'll notice CLL is going down on below average volume and the last couple days ended with large buys going up. CLL is still listed as very bullish. IMO, nobody new will touch this stock when RSI is over 70, a traditional sell signal..People are taking short positions at this point,so you'll see the new 1.35 support level tested on low volume to bring the RSI down then you may see another upswing to test the 1.51 resistance...


Jan 12, 2011 01:32PM

Jan 13, 2011 01:56AM
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Jan 13, 2011 11:00PM
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