Chariot Oil - CHAR

i know it seems too much of coincidence!
i saw the news....and was aware of the 13p placing.....so i redrew the trendlines.....and got the same number!!...

i could draw the trendline right at the bottom of the candles, and that gives a 12p target.....but the way i have drawn it in the chart gives the most touches to the candles.....

so yeah, if it hits 13p worth a buy imvho.....as its still holding the uptrend
atb, wdik, dyor,
trendfriend

TF,new placing is at 13p.
Around 120 million shares!!
Not sure if they check charts to do placing

char - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...mlzTou6dfhW79rFrE%3D

This has had a p/b on news.....this type of p/b is normal for aim stocks......and as long as the uptrend is held, it's usually a nice buying opportunity imvho....

i'm looking at sub 13p test of the main trendline to go long here.....if it happens...

atb,wdik, dyor,
trendfriend

www.iii.co.uk/articles/473126/oil-share-...ush-multi-year-highs

on the bigger time frame it looks like a cup and handle formation..A break above 21 would signal higher prices. so one to watch

https://www.dropbox.com/s/c32f227rc84ex0k/chariot.png?dl=0
www.dropbox.com/s/c32f227rc84ex0k/chariot.png?dl=0

Char - Daily.

uk.advfn.com/p.php?pid=chartscreenshotsh...72HEpJLrmCNhlAons%3D

Nice break above key pivot at 16p(ish)

While above 16p, a rally to 25p area is possible.

atb, wdik, dyor,
trendfriend