09 Nov 2016 @ 10:53
Nu-oil & Gas stock (
LSE:NUOG) has gone through the roof, as price rallied massively, beginning from October 2016, and maintaining that bullishness till now. The market formed a strong base for most months of this year – something that was ended abruptly in October. The market is in an uptrend, and 4 EMAs are used […]
02 Nov 2016 @ 00:20
Gulf Keystone shares (
LSE:GKP) has been weak for years, and there is no end in sight for the weakness because the stock would eventually become a penny stock. It is not uncommon for the market to move sideways, drop further, then move sideways, and then drop further. Here, rallies ought to be temporary and seen […]
26 Oct 2016 @ 10:09
Genel Energy Shares (
LSE:GENL) are currently indecisive. The market has been in a kind of consolidation since August, following the bearish run that was witnessed in July 2016. Price currently hovers between the upper and lower Trendlines. Though price has gapped downwards recently, but the gap would soon be filled. The extant gap has pushed […]
20 Oct 2016 @ 12:46
Roxi Petroleum stock (
LSE:RXP) has spiked upwards. The short-term trend is bearish, but the spike has overturned everything, which could potentially result in a bullish signal. But is this sustainable? Whatever happens in the next few days would determine the direction of the market. In case price stays above the EMA 21 and the Williams’ […]
20 Oct 2016 @ 12:37
Cluff Natural Resources shares (
LSE:CLNR) are still in a bullish mode, which means that the current bullish trend will continue. Price formed a frustrating base in most months of this year, but it broke upwards in August 2016, trending seriously upwards. The market has become volatile and bulls and bears are in a deadly struggle […]
12 Oct 2016 @ 11:07
Tlou Energy shares (
LSE:TLOU) are trending higher and higher. The market is currently undergoing some correction and when that ends, the uptrend would resume. Since the end of July 2016, price has broken above the upper Trendline, as the RSI period 14 went above the level 50. This has long created a “buy” signal in […]
06 Oct 2016 @ 10:35
Gulf Keystone stock (
LSE:GKP) is currently forming a base. Price is bearish in the long-term and neutral in the short-term, and it is now forming a strong base. Why would price go from here? Price is currently consolidating; being directionless. The ADX period 14 is below the level 30, meaning the momentum in the market […]
07 Sep 2016 @ 00:35
Gulf Keystone shares (
LSE:GKP) are a trap for pig-headed buyers, who would continue to suffer as they hold onto their investment, which is bound to become worthless over time. Only sellers can make something meaningful out of this market. Price is below the EMA 21 and the Williams’ % Range period 20 is in the […]
24 Aug 2016 @ 23:47
Global Energy Development stock (
LSE:GED) has started going upwards, and this has led to a bullish signal in the chart, which would hold out for the next several months. From March till the end of July 2016, price was coming down, but things have changed right now. Price is above the EMA 21 and the […]
22 Aug 2016 @ 20:17
88 Energy (
LSE:88E) announced keenly-read interim results on Monday morning. While it’s hard to put a value on the shares at the company’s current stage of development, there are clear milestones ahead for future changes in valuation. For anyone unfamiliar with the business: it has a 77.5% working interest in Project Icewine, on the North […]