Afc Energy Share Discussion Threads

[ride the wave 1] 30/7/2016 21:00

My T/A

We have been in a uptrend for nearly a month and that's clear to see from the higher highs and higher lows that we are creating .

On Friday we finally broke out of the 14p-16p trading range on very strong volume and we closed on a tall white bullish candlestick that is showing is the way forwards .

The 25 dma crossed the 30 dma on the 2 month chart (like I predicted last week) and the macd also turned positive , which is another good sign of things to come .

Old resistance at 16p should now become support , but somehow I don't think that we will need it because momentum is building nicely .

The rsi is in a positive position and is quite high but it still has a bit further to go .As we know news blows charts out of the window and the volume suggests that word has got out IMHO , so it will be interesting to see how it pans out .

On the 6 month chart there seems to be hardly any resistance all the up to 30p so we could reach that price rather quickly once we break through 20p .

Now this is where things get very interesting :-

We have been progressing very well over the last 5/6 weeks as can been seen from the weekly candlesticks on the 6 month chart . It suggests that we will keep on rising as we are creating mostly white candles with a few doji when we are consolidating and the macd is in a positive position with a long way to go yet .

The longer time frame charts give you a better picture of where we are and where we are heading so even if we get some profit takers it should be of no concern to the med / long term investors because the trend is up and we need sellers to continue the re-rate .

The way to play it is hold and buy the dips (not sell the dips) .Ive been invested for a few years nearly and with 14 RNSs due by the end of the year it's not worth the hassle of trading these and potentially missing out on a huge spike , so remember the reasons why you invested and ride the waves .

If you look at the 3 month chart you can see that the 50dma is only just below the 100 dma and I expect that it will crossover sometime next week , this will create our long awaited GOLDEN CROSS breakout which is a very very powerful chart pattern that must not be underestimated . When it happens the 50dma will act as support and the share price will stay above it as we rise very quickly with very strong buying pressure .

Last but not least (phew) , if you look at the year chart on monthly candlesticks you will see that we have just created a BULLISH ENGULFING pattern for July (also as I predicted) and it has a very very long way to go . This shows that there are huge gains coming that will be much bigger on a monthly basis . The macd bars are getting smaller and within a month or two they will turn positive , in the meantime the share price will keep climbing but when it turns positive that's when you will see the uptrend in full force .

As you can tell I'm extremely bullish and everything is looking very very good indeed .

All IMHO so dyor ...GLA

[master rsi] 29/7/2016 16:28

19.125p +4.625p

The breakout is working wonders for the share price as 100K buy paying premium and gets the offer at 20p

[jfarren] 29/7/2016 15:51

A few buys will take this through 20

[ride the wave 1] 29/7/2016 15:32

Bees,

EYE EYE CAPTAIN:)

Throw your RSI / charts in the bin , this is a leak and it looks like very good news will be with us on Monday morning .

GLA

[mazeltov] 29/7/2016 15:13

Large buys,little stock in the market,I normally can't sell parcels of 500 k but could now,sit tight somethings in the air for sure

[beeezzz] 29/7/2016 14:57

RSI over 75 now, above 80 we could see some selling

[master rsi] 29/7/2016 14:53

an we had a 1 share trade some reckon we a ready for an RNS (market maker code).

[master rsi] 29/7/2016 14:47

Rising fast now as is the volume

[dice1950] 29/7/2016 14:44

last rns commercial deal talk looks likely sudden buying

[beeezzz] 29/7/2016 14:44

RTW is that you surfacing for air....keep an eye on it, news has leaked as always on AIM.....

[master rsi] 29/7/2016 14:29

BREAKOUT

Breaking out of the 3 month intraday high

[master rsi] 29/7/2016 14:16

From the UPS thread......

Master RSI 29 Jul'16 - 14:06 - 517 of 517
KEEP an EYE

AFC 15.875p ( 15.50 / 16.25p )

Large volume yesterday were I suspect the overhang was cleared, has since move forward with some large trades some delayed and again rising volume.

[ride the wave 1] 29/7/2016 14:11

Bees ,

If you listen closely , you can hear the Bulls coming over the top of the hill .

LOL

[ride the wave 1] 29/7/2016 14:09

Sellers cleared and monkeys have no shares .

Very very strong buy chaps .

ATB

[beeezzz] 27/7/2016 22:39

WHAT LIKE THIS



OR MORE LIKE THIS

[new tech] 25/7/2016 08:14

I tipped HNR in Post 3665. See todays press release. Low risk drilling program announced adjoining Conoco producing acreage. Market capitalisation still tiny. Could 10 to 20 bag from here imo. DYOR.

[ride the wave 1] 24/7/2016 14:53

Feeling rather bullish myself .

[new tech] 21/7/2016 10:59

Take a look at HNR (Highlands Natural Resources). Their DT Ultravert system has the potential to revolutionise the fracking (and refracking) industry, particularly in this low oil price environment. It is due to be trialled by industry leaders Schlumberger​ starting July to September 2016, at no cost to HNR (see HNR's press release on 10/6/2016 - link below). Any success and I think it could be a near-term 10 to 20 bagger from the current low market capitalisation of just £8 million. As a back up, HNR have also have potentially lucrative helium and uranium assets. (No investment advice intended).



Presentation 27/6/2016:

[ride the wave 1] 19/7/2016 16:11

Your my little puppet and I pull your strings .

Easy as 1 ....2......3

SUCKER :)

[ride the wave 1] 19/7/2016 16:10

Too easy .

[bionicdog] 19/7/2016 15:16

Yes you are.

[ride the wave 1] 18/7/2016 20:00

Bring back Numpty , I don't care if Beez posts , anyone but that fruitcake !!!!

LOLS