Genl

Did I miss the boat at 67? was thinking this willl go down.. but seems the RNS shows good news ahead may be farm in news soon?

maybe, just maybe this has seen the bottom? It would be good to see it turn a corner - I'll be watching with a view to adding a few if it's able to hold a close of around 78 tomorrow - maybe??

Not sure Paitech tbh....could well be that buyers come in around these levels....

Crude has rallied nicely from last years lows.... up around double from those lows now....
Some oilies have doubled/quadrupled Tullow for example from the lows....this is in comparison lagging....while its some what perplexing.....you have to be careful as well....

atb, wdik,dyor,
trendfriend

Where for GENL from here? 67p....tested? or will it fall down?
ta
G

I was looking at Genel this morning, seems to be some bad news i assume?

Anyway i was long here at 79p from late December, so i have been watching this closely since.
The rsi was building a nice uptrend, and i thought the down trend could finally be ending here, and my buy was intended as a long term position.

Anyway we did get a rally up to a high of 89p, which was exactly where the October gap to the downside was! something i didn't like the look of, so i moved my stop upto to profit at 82.5p, and was duly cut out last week.....

Looking at the present chart (from today morning)
This is not one for longs atm imvho, the chart does not look very good for bulls here atm, and you don't need me to tell you that....

I think only go long here if the gap between 88p and 92p gets filled, otherwise stay out, and i think a test of 67p is coming if that fails....

atb, wdik, dyor
trendfriend

Just hope stop losses were in place for those that were long here.

Im not in favour of any Kurd oil stocks, lost too much on these.