On the fundamental side of the business. With the results of MER's bid for the Singapore LNG coming out soon, this will result in additional revenue and earnings for the company.
On the TA side.
stock price may experience a quick upmove, but will eventually revert back, as it needs more time to digest the big upmove from july to Oct.
May need to consolidate for...
PGOLD is undervalued at this price level of 25.50.
Commodity prices are stabilizing now except for oil prices.
slow accumulation is a good strategy for this issue.
