Its been an impressive 12 months for COE, with no signs of abating.
The gas company has quality assets, numerous development opportunities and an exciting exploration portfolio.
Technically, its doesn't get much better than this. The short term profit taking from the discovery announcement on the 6/9 has been arrested. Higher swing lows litter the landscape of...
Cooper Energy Limited ( ASX:COE ) is an energy company which focuses on exploration and production in oil and gas. COE has a portfolio comprising of prospective acreage in the Cooper, Otway and Gippsland basins Australia. As the Sole gas project draws closer to completion (expected end of May) there is more interest being generated, with CBA and its related...
Energy stock takes time to become one that shows appreciation, is this a break out from consolidation based of $0.375 ? not bad as it make 25% profit ! which X/8 should it drop down to? or buy when in lower of ATR . another possible 25% gain to make total 50% in one year.
The brief trade analysis presented above is my predicted direction.
The price bounces from the support zone.
RSI confirms price reversal.
Profit targets are $0.38 and $0.40 levels.
