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China North East Petroleum Holdings Limited Message Board

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  • nawaralsaadi nawaralsaadi Oct 15, 2009 10:49 AM Flag

    Excellent price movement today

    I guess I was few days early in my prediction of an imminent price breakout, this morning upward move possibly signal the end of the consolidation/accumulation phase, meaning the rise in the coming few days and weeks could be very sharp, there is a lot of catch up for NEP to do with oil prices, oil stocks and Chinese small caps, the first milestone would be a move above $5 and this could happen today.

    Regards,
    Nawar

 
NEP
29.97+0.69(+2.36%)Jun 29 4:02 PMEDT