SXY 0.00% $4.60 senex energy limited

CEO do you see this breaking back through 30c?RSI is at oversold...

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    CEO do you see this breaking back through 30c?

    RSI is at oversold levels but and MACD d broken through 0. I dont know much about charting, just what I am picking up through these forums but those signals along with short term ema crossing below medium term, point to further weakness?

    There is certainly no fundamental reason for the move lower. The only negative I can see is that the government continues to look at this gas pricing piece which would be a negative for the whole sector. I mean gas prices in Asia (realise we supply local contracts only) are up recently.

    Me no comprehende
 
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