Cookie Policy

Welcome, Guest
Username: Password: Remember me

TOPIC: Ophir Energy

OPHR 24 Jan 2014 19:34 #1

  • gclark25
  • gclark25's Avatar
  • OFFLINE
  • Junior Boarder
  • Posts: 198
  • Thank you received: 267
  • Karma: 10
Well - quite clear which way it broke, as we can see on the close up 4H chart


OPHR_-_4H_-_24-1-14.png


What isn't so clear is where it is heading. It's already below S3, and Right now it is sitting bang on the 78.6% fib, but that doesn't look like a great area for a bounce. There is an area between 266/76 where it could maybe find some support. Below that is 178 support, as well as channel support.


OPHR_-_Weekly_-_24-1-14.png


gclark25 wrote:
Interesting weekly/daily area for Ophir Energy at the moment.

Not clued up on the fundamentals personally, but technically speaking, it's an interesting area where it isn't quite clear which way it is looking like breaking.

Anyone else following or got any views on this one?


Ophir_Energy_-_weekly_-_23-01-14.png



Ophir_Energy_-_weekly_-_23-01-14_2014-01-23.png
The administrator has disabled public write access.
The following user(s) said Thank You: remo

OPHR 24 Jan 2014 08:12 #2

  • Shotry
  • Shotry's Avatar
  • OFFLINE
  • Junior Boarder
  • Posts: 256
  • Thank you received: 145
  • Karma: 8
Something else worth paying attention to is a possible gap down to 290ish (visible on the daily, but clearer on the weekly chart). Might act as support.
All it takes for the triumph of evil, is the silence of 'good men'
The administrator has disabled public write access.
The following user(s) said Thank You: ronnie, gclark25

OPHR 23 Jan 2014 17:03 #3

  • Shotry
  • Shotry's Avatar
  • OFFLINE
  • Junior Boarder
  • Posts: 256
  • Thank you received: 145
  • Karma: 8
Yes I'm playing it. I've entered small this time round. I'm taking bits out of each bounce. There's a nice gap a little bit higher (I've closed my software for the day but off the top of my head it's about 327), which is a nice target should it turn. Have been occupied with the FTSE today so not played the 2 bounces off the 292/293 area, although that could have been profitable.
All it takes for the triumph of evil, is the silence of 'good men'
The administrator has disabled public write access.

OPHR 23 Jan 2014 14:42 #4

  • gclark25
  • gclark25's Avatar
  • OFFLINE
  • Junior Boarder
  • Posts: 198
  • Thank you received: 267
  • Karma: 10
Interesting weekly/daily area for Ophir Energy at the moment.

Not clued up on the fundamentals personally, but technically speaking, it's an interesting area where it isn't quite clear which way it is looking like breaking.

Anyone else following or got any views on this one?


Ophir_Energy_-_weekly_-_23-01-14.png



Ophir_Energy_-_weekly_-_23-01-14_2014-01-23.png
The administrator has disabled public write access.

Ophir Energy 20 Jan 2014 11:44 #5

  • remo
  • remo's Avatar
  • OFFLINE
  • Moderator
  • Posts: 2854
  • Thank you received: 5183
  • Karma: 111
from this weeks share tips...
Based on going long from strong support area and stops below...
There is a divergence as well with the rsi


dl.dropboxusercontent.com/u/4899609/ophir20thjan2014.png
Information Purposes Only, Do Your Own Research
remo
The administrator has disabled public write access.
The following user(s) said Thank You: gclark25, fabba007, SeaBass916, Stevo999, Andrew2013
Moderators: remo

Time to create page: 0.484 seconds