Genel Energy Share Discussion Threads

[olieslim] 21/2/2017 21:55

Total BS.

Keep it coming, tradesmarter. Treat it like the share it isn't.


Somebody likes it. Hence impairments due.

[losses] 21/2/2017 21:24

As always good stuff trademaster

[gemlotte55] 21/2/2017 21:07

tradesmarter , great post, thanks

[tradesmarter] 21/2/2017 20:42

Not broken the downtrend yet, but within a whisker of doing so and bullish chart patterns forming...triple bottom, falling wedge plus cup n saucer all clearly visible. For me we need to take out around 86-88p for the major trend to have changed, but a move to 82p first and "backtest" likely before we move large. Admit I've been wrong on initial entry, but I've been buying down to 71p and will add more on Thursday. Holding 41,000 now and wont sell any below 140. The longer it stays low the more i can add "whilst on sale" . I feel we now have solid support at 75p from our buyer and also chart formation. 50 day moving average now starting to turn positive and 100/200 also now "less bearish" so starting to line up nicely for a sustained break of downtrend and new uptrend formation. My 140 target is the minimum and feel this could go to 350 level if looking at a 2-3 year view...For now last chance saloon to grab a bargain and then I reckon you need to hold for the big gains. Each to their own and this is a very risky share, but for me the risks have "got less" and the rewards from these levels could be significant.....Think the market will see a "relief rally" after the update but that is just my guess. Order book past few weeks has been much healthier on the bid side and I'm still surprised we haven't seen any holding announcements, but suspect that will change ahead of update.

cup n handle pattern is a trusted and time tested formation usually strong gains
a href='http://uk.advfn.com' title='Free stock charts & share prices from uk.advfn.com'>
free stock charts from uk.advfn.com



free stock charts from uk.advfn.com


not "out of the woods yet" and technically still in downtrend

free stock charts from uk.advfn.com


My view is that above 74/75 the bull case is in play with the falling wedge

free stock charts from uk.advfn.com


Maybe just me but lack of "desperate sellers" and any volume sales sales gives comfort plus large buyer gives support and adds confidence that the weak will move to the strong....I think the worst is over and the weak hands been shaken out and now is the ideal time to be adding and building to your stake (if risk tolerant).....good luck and best take everyones view into account as I've been wrong on the short term and hoping to be correct in the med to long term.....anyway I've put my money where my mouth is and rolled the dice

[ozzmosiz] 21/2/2017 19:39

British Bulls.....stay LONG

[wantmorethan24p] 21/2/2017 17:39

hopefully test 80p tomorrow.
a small step at a time.

[wantmorethan24p] 21/2/2017 16:24

dno or genel or gkp bid from sinochem???

or rosneft

[ragewarrior] 21/2/2017 16:13

Big recovery in oil price back to $57

[nicksig] 21/2/2017 14:52

I wonder if Rosneft were one of the prospective partners mentioned in the last RNS?

[ozzmosiz] 21/2/2017 14:48

And still some short sighted people are selling. Nutters.

[nicksig] 21/2/2017 14:42

Have bought more today. My average price is 72.5p. Target = £1.50

[nicksig] 21/2/2017 14:37

Alanlinda - very interesting

[pslamb] 21/2/2017 14:35

What's happening at DNO?? Big increase today

[wantmorethan24p] 21/2/2017 14:33

here come the YANKS.

[kulvinder] 21/2/2017 14:30

Too many false dawns here - need to see a sustained move above £1, then maybe, just maybe we will see a raise with the likes of KAZ and Glen.......

[ozzmosiz] 21/2/2017 14:23

handle break out!

[nicksig] 21/2/2017 14:13

Looking good here. Go GENL go

[wantmorethan24p] 21/2/2017 14:03

its come to life...are the yanks buying.???

[wantmorethan24p] 21/2/2017 14:01

here we goooooooooooooooooooooooooooooo

[jotoha2] 21/2/2017 13:22

Lovely chart stockriser , all we need now is more news to really get this one moving.

[wantmorethan24p] 21/2/2017 12:35

looks good...for a massive re rate

[stockriser] 21/2/2017 11:34

Remember that chart the other day - looks like the share price is now breaking out from that handle