Some movements expected IMHO
Bollinger narrowing, and the MACD is on the rise on the 4 hours chart. Nice buying pressure on the last 5 daily candles - there is a lot of buying, with some flushing of the weak sellers by the looks of it.
Nice risk reward at this point I think.....
Any thoughts ?
4 hour chart
dl.dropboxusercontent.com/u/4385922/Tullow2905.png