Exploration stock @ Firesale

Double bottom at the lowest gann degree before bankruptcy.
Long term holding. Targeting 12-region.
With increasing oil prices, exploration activity will start picking up. This stock is sensitive to individual projects so a few projects in their order books will potentially skyrocket the price over a short horizon.

Kommentera:

Please note: It may go to 0.23-0.24 NOK/share, I did a mistake when observing the gann support levels. If it does I accumulate more.

Good luck.