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9 years 3 months ago #14273 by annes goal
Replied by annes goal on topic Genl
I think your 65p is distinctly possible Trendfriend! It's hit a new low this morning - not looking good at all (imho)

:O
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9 years 3 months ago - 9 years 3 months ago #14234 by Trendfriend
Replied by Trendfriend on topic Genl
genel daily.

uk.advfn.com/p.php?pid=chartscreenshotsh...qNE32iCYtWG32WpCg%3D

this looks to be in real danger here, it needs to get back above 100p quickly, otherwise 65p area is possible here..

if it hits that level, i think its good entry for a long term hold here imvho.

wdik, dyor,
trendfriend.
Last edit: 9 years 3 months ago by Trendfriend.
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9 years 6 months ago #14085 by Trendfriend
Replied by Trendfriend on topic Genl
Genel. Daily
uk.advfn.com/p.php?pid=chartscreenshotsh...dLlMZ6sC8iIlZtKZKHo=

while we did get a decent rally here, from 95p to 105p area, it seems have failed at the 20 day ema.
Ideally a break above would have been good, another day or so below could well mean this has not bottomed out yet,and possibly time to close out long positions, so caution here atm imvho.

dyor, wdik
trendfriend
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9 years 6 months ago #14080 by Trendfriend
Replied by Trendfriend on topic Genl
I think this may be ready for a rally now....

it looks like a break of a short term trendline, and as long as the rsi breaks out tomorrow i think i'll buy some of these in the morning.
we do have a lot of resistance above, as well as the 20 day and 50 day ema lines, so lets see how it goes here...

as always imvho, dyor, wdik
Trendfriend.
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9 years 6 months ago #14051 by Trendfriend
Replied by Trendfriend on topic Genl
Well i think you are quite correct to be cautious here atm, Paitech.

I thin this will bounce back at some point, but with crude on the back foot, Fridays bounce is not entirely convincing imho....

I think its possible this may consolidate around this area, possibly forming a bear flag type of formation, and then down for another drop?

However a break above 105p, combined with a rsi breakout, could see a potential rally upto the moving ave's, possibly worth buying the rsi breakout imho...

dyor, wdik, atb
Trendfriend
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9 years 6 months ago #14046 by Paitech
Replied by Paitech on topic Genl
This has gone back up to 100p right now as I type.
I hav lost total faith in KRG bas***ds after what they hav done with GKP.

www.alignresearch.co.uk/oil/genel-energy...nd-chomp-at-the-bit/
Good weekend all
Ta G

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