Hi Brian

Yes that bad decission took a big burden on the stock but what I'm curiuous for these days is the reason we tank for now 10 days in a row?

Oil price after the Egyptian short spike is now at around 85 again but that range is since almost 3 months a fact .

Ramping up was not bad for Algar but the pod 1 still hard to go up near a design capacity.So what causes latest sell of ?The regional problems are is something wrong we don't know yet? Or MM set up a new trading range with 1.45 as top .From current point to 1.45 is almost 15 cents gain so not bad as trading range.

So maybe we have to extend our sp goal at 1.88 for some month .

We could set a low now and then again an upswing to 1.45 and the profit taking gain but maybe with a higher bottom then we could make some kind of reversezd head shoulder pattern.If that's the case and we break later on 1.45 then we can ad around 15 + cents for next wave at 1.60 .Then we have reéached 62 % fib wave .

i think we could stop today at around this level which is small support from latest december .

i think like I and some other had thought for this year that a + 1.88 is possible won't be the case I'm thinking now.Or there must be something special news but with the facts and production we have now 1.88 as target could be this year but for a smash trough I'm sceptical.