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TOPIC: Hunting

Hunting 14 Apr 2023 11:14 #1

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SP looking for upside again. Unlikely that it will not hit 253/254. It'll make a decision around there in my view. There is a fair bit of upside here. Perhaps to 304 or so
All it takes for the triumph of evil, is the silence of 'good men'
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Hunting 06 Apr 2023 08:04 #2

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We went down to around 233 yesterday then stabilised. Gap up today suggesting some buyers back in. But, it's the first few minutes of the day. In my view, we'll see 235 or so (rather than the current 242) this morning (or soon) so I will not add until I see this.
All it takes for the triumph of evil, is the silence of 'good men'
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Hunting 05 Apr 2023 09:47 #3

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I personally would not top up or enter this now unless the SP falls to or beyond 237.5. I closed about half of my leveraged position at around 250 and intend to buy back more at or below 237.5. I have not changed my larger share position.
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Hunting 03 Apr 2023 08:59 #4

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Here's a chart
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Hunting 03 Apr 2023 08:49 #5

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A heads up on this one. OPEC's output cut has it on the front foot, Before open it was 237. It's now 250. I can post a chart if you want, but I sometimes think a heads up to get you to look at your own charts and take your own views is just as helpful. For my money there is a logical target now of around 275, but there's an upside gap to around 305. If POO stays high and it's predicted to see or exceed 90 after OPEC's cut, we could see both of those targets hit.

uk.finance.yahoo.com/news/oil-prices-sur...slash-182859829.html
All it takes for the triumph of evil, is the silence of 'good men'
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