How you keeping Paitech, hope your doing good....
Not been trading so much lately, May/June are always a month to go easy and been mad busy with some other things as well.
Anyway starting to get into gear again with trading....
Tullow.
Yes, this has dropped substantially.
May well be a bottom forming around this 160p area, but i'm not entirely convinced, and tbh i'm sidestepping this as i see better trades atm....
If you really like these, or see a fundamental reason to be long here, then fair game, from a technical perspective a possible further drop to gap support/close around 130p is possible.
For cautious traders, a rise above 175p or higher high, (1,2,3 low) would show a short/term rally phase for the stock.
Hope that's helpful,
atb, wdik, dyor,
trendfriend