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TOPIC: Ophir Energy

Ophir Energy 03 Feb 2015 09:16 #1

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Approaching resistance for possible 123 low breakout, one to watch..

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Ophir Energy 14 Oct 2014 12:01 #2

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Still making lower lows, lower highs so think this has further to go down yet. Sold to sit on the side lines for a while.
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Ophir Energy 13 Oct 2014 09:48 #3

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Hi Count,

chart looks interesting to me. Gap down, potential double bottom, very good volume on the fall and positive MACD divergence. My reservation is that we didn't reach RSI support.

A rise above Friday's close today gives us a thrusting type pattern and a doji gives a doji star reversal pattern.

Some volume on any rise would be welcome and RSI might catch a further fall.

uk.advfn.com/p.php?pid=chartscreenshotsh...LzMQ=&symbol=A%5EAPT

GL
F4T
Last Edit: 13 Oct 2014 09:50 by Food4Thought.
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Ophir Energy 12 Oct 2014 21:06 #4

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Thanks TF,

I'm being reasonably cautious and have stop placed at 180. I may have entered bit prematurely and could take a 6% hit should this fall through support, but I'm hoping for a bounce soon here. I'll be watching it closely though and may bail sooner if things not looking that great in the next couple of trading days.

ATB

Count
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Ophir Energy 12 Oct 2014 13:55 #5

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Careful here, if 191 goes, this could well make a new leg lower.
Watch this closely imho.
uk.advfn.com/p.php?pid=chartscreenshotsh...symbol=DJI%5EI%5CDJI

Regards,
Trendfriend.
Last Edit: 12 Oct 2014 13:56 by Trendfriend.
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Ophir Energy 10 Oct 2014 17:23 #6

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For what it's worth I think now is a great time to be buying stocks.

Don't quote me on that though.....:)
Last Edit: 10 Oct 2014 17:38 by Food4Thought.
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Ophir Energy 10 Oct 2014 13:22 #7

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I bought in this morning at 195p on the dip, Ian hoping it bottomed and we get a nice bounce. RSI dropped to 26.
screencast.com/t/iRQkkt96Ougy
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Ophir Energy 08 Oct 2014 14:04 #8

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To close the circle, I did take an entry here but bailed yesterday at b/e after the dip. Phew...
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Ophir Energy 03 Oct 2014 08:29 #9

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uk.advfn.com/p.php?pid=chartscreenshotsh...AA%3D&symbol=A%5EAPT

This looks good today. At suppot, inverted hammer yesterday, nice volume on the fall and two small gaps at 228/229 and 236/237 to close.

Only downside is that RSI looks like it wants a bottom on the 207 area (black trendline).

I expect a nice bounce in US indices today to help things along maybe.

F4T
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Ophir Energy 29 Aug 2014 12:21 #10

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Glad I held my nerve on the pull back of last couple of days, nice rise back up today.

screencast.com/t/5W64dUiN
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Ophir Energy 19 Aug 2014 21:15 #11

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Hi Count,

Supports/resistance levels.
246.25
240.5
234.5
228.5
216
209.5
205.5
195.75
190
this also has a couple gaps, a small one @236/240p and a massive one @ 270/294p
uk.advfn.com/p.php?pid=chartscreenshotsh...c%3D&symbol=L%5EOPHR

This is in a uptrend now, and the momentum is strong. i think the 270p gap is possible imho, depending on how long your happy to hold, but i'm going to be flexible around the 245p level you mentioned.
Regards,
Trendfriend.
Last Edit: 19 Aug 2014 21:23 by Trendfriend.
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Ophir Energy 19 Aug 2014 17:02 #12

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Hi TF and Stevo,
nice one!
do you think this is good for at least another 6-7% to around 244?
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Ophir Energy 19 Aug 2014 14:26 #13

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Ophir Energy 19 Aug 2014 12:43 #14

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yep, spot on Stevo.

Normally its better to wait for close above trendlines, however i will go long @ 221p, and add to my position if we close above 221p

Regards,
Trendfriend.
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Ophir Energy 19 Aug 2014 12:04 #15

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Thanks for the charts TF, great help. It really needs to break above that downtrend line at the same time as the 123 Low, both more or less coincide at these levels.
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Ophir Energy 19 Aug 2014 10:34 #16

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This is trying to break out.

A break of 221p, will be 1,2,3 low and a break of the long term down trend.
So a break above 221p, could give this a nice rise.
One to keep a eye on for now.

uk.advfn.com/p.php?pid=chartscreenshotsh...XVQ=&symbol=L%5EOPHR

This is long term down trendline
uk.advfn.com/p.php?pid=chartscreenshotsh...uks=&symbol=L%5EOPHR
Regards,
Trendfriend.
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Ophir Energy 14 Aug 2014 18:08 #17

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This is well spotted by stevo, and a very interesting Chart.

This has been in a down trend for some time, from around 600p :ohmy:
It needs to break 4 areas of resistance, however they are all close together, and if ones goes the rest are likely to follow.

1. the down trendline, this is a main down trendline from 600p, if it breaks this, it will be break the down trend it has been stuck in for a while now. This is at 222p (falling daily)

2.the 50 day ema, @ around 217p

3. the 1, 2, 3 low formation which is at 220p, as pointed out by stevo.

4. Finally the RSI is at resistance and needs to break out.

Thanks for sharing this Stevo, i will be keeping an eye out here, and intend to trade if it breaks above 1, 2, 3 low and the trendline, around the 222p level.
This is the link
uk.advfn.com/p.php?pid=chartscreenshotsh...o%3D&symbol=L%5EOPHR

ATB,
Regards,
Trendfriend.
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Ophir Energy 14 Aug 2014 15:55 #18

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Possible 1-2-3 Low coming up after a nice bounce of lows

screencast.com/t/ZSplgzVUNC
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