Afren

Monkeyz, no, hasn't hit my target yet. Reckon it will go to 120ish - but not tomorrow

Diver... don't keep us in suspense - did you get in?



dl.dropbox.com/u/24866576/November%20201...RD%201P%20291112.gif

good idea

Thanks for the response LTV. You may well be correct. Let's consider it an interesting one to contemplate for the future and see what we can learn from it.

Not one I've held or traded before but has been on my oilers watchlist collecting dust!



dl.dropbox.com/u/24866576/November%20201...20daily%20271112.gif

If I was going in I might be tempted to get involved at the 128/129 level as LTV pointed out. Nicely coincides with the 200SMA and would still allow for a fairly tight stop below the 124 zone.

Best,
M.

diver993

Since nobody else is having a go! Here are my charts for Afren.

Weekly

dl.dropbox.com/u/21384991/Afren%20Plc%20...7.11%20%28DFB%29.png

Daily
dl.dropbox.com/u/21384991/Afren%20Plc%20...7.11%20%28DFB%29.png

Seems the daily uptrend (light blue) has failed. I have 130 as strong support, before 123.6.

Still learning, elliots a little way off yet!