Range, Xcite and Gulf Keystone
March 10, 2012 § Leave a comment
GKP, XEL & RRL
All look pretty bullish to me, and if I were to be looking for more buying opportunities I reckon now would be as good as any.
Maybe I am slightly biased with RRL and XEL but now that GKP has retraced and held I can see the support but not really a real resistance.
Any share that retraces 61.8% of a move and then holds is a good buy for me.
Though a 50% retrace is almost as good 😉
So fingers crossed the XEL rig and the RRL wells continue in a positive way and good luck to all that hold GKP I feel the worst is over now.
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