A great Australian Energy company that is weathering the current storm

Potential Buy Alert SEH

 

SEH – Sino Gas & Energy Holdings Limited

SEH has been correcting off the highs above 0.20 from the start of the year to washout some late buyers. We see a bit more action playing out before an entry setup as buyers step in and hold higher levels. Price has had a good run up from around 0.08 so we want to see some strong price action before diving into this one.

 

Stock Code : SEH – Sin Gas & Energy Holdings Limited

Company Website : www.sinogasenergy.com

Current Price : 0.17

Status : On watch for buy entry setup