TPL

The "easy money" that PJ highlighted has been made...you may have made make a lot more, or you could lose at least half...most shares when they cross 50p do have a habbit of staying range bound 50-55 for a while (BUT a close below 50p suggest the typical retracement will occur... so I think you made the correct call (regardless of what happens...I would have done the same myself)...for buying back in I'd say the gap area needs to be considered, but resistance (now support) at 40p my preferred re-netry number. If buying back in then reduce your stake to your winnings from first punt..that way you still "win" no matter what happens....remember after doubling in a few weeks some of the expected good news is "priced in" if no good news comes this will reverse sharply....NEWS and not technicals will drive this imvho, but 43p and 40p would be the technical areas that would say this is still bullish and to buy the dip...below 40p forget it

PJ...whats your views Sir, you know the company "I know nothing"

TS,
I dont know what I have done is right or not, but I have sold up my TPL today, was in at around 28p, out today at around 51p, I had around 4K £ invested in ISA.
Made nice profit... Will buy if it comes down. ... This has high chances of going up, but.. well any £s made is good....
Ta for your charts..
have a good day
ta
G

my view bail on a close below 43p....for now I'd expect 45-55p range short term but agree 60p and 70p would be the next target areas...personally I'd slice some off the table at 55p and then move stops to 48p....personally I wish I had the dilema!!..well done boys

www.4-traders.com/TETHYS-PETROLEUM-LIMIT...nical_analysis-full/

Hi all,
I have entered TPL too at 28p, and.. holding it ...
Whats your view on TPL?

I would he happy to take profit as it approaches 65~70p?

Any comments welcome...
ta
G

Nice find there PJ....bearish pattern, BUT loads good for short term bounce due to double bottom and oversold indicators...but then you already know that!..good entry bud and hope it gets past short term gap/20 day and then super spikes for you!

ps....lined up another 2!....lets hope I get some "bite" next week