Petrofac Share Discussion Threads

[ny boy] 04/7/2017 08:10

Buy those pesky dips Sir, low vols today due to US holidays.

[ny boy] 04/7/2017 07:26

Here's one developing or starters, bang on track!

[ny boy] 04/7/2017 07:23

Oil prices should do well this month, all we need is a monster hurricane to head directly to the Gulf of Mexico!

[luderitz] 04/7/2017 07:20

Oil price still holding up nicely so that won't do PFC any harm.

[whattheduce] 04/7/2017 06:29

467 please, by Wednesday. Then on to break the the 470. All panning out as a few have anticipated but a little quicker. What goes up and all that. I may put a stop in at 469, in case I get caught out while on the road again. I feel like there is a big day approaching soon, I mean massive 33%+ jump (hopefully up).

[callmebwana] 04/7/2017 02:00

Guko100.
It is never too late. This will go up to £6. AIMHO.
The day traders have left with their beer money. Let them.

[goku100] 04/7/2017 00:23

Still here, holding strong after the dip from 441 to 389, all the way back up here. Looking for another buy-in but may be too late now.

[ny boy] 04/7/2017 00:12

Not many posters about, there were hundreds weeks ago, have many left the Country or holed up in Bognor Regis, looking for bigger returns? 🙄

[panic investor] 03/7/2017 19:58

Iqe was on nearly 90 recently !

[panic investor] 03/7/2017 19:58

I work on 80-20 when dealing forex just to be sure :-) RSI

[callmebwana] 03/7/2017 19:56

Lodge.
Good to hear that you have started to behave yourself. Just sit on your hands now.
You can have good nights sleep then.:o)

For the one's intrested in TA. One day chart info.
RSI is at 68.68. (Over 70 the share is over bought).
Today it traded above £4.61. It was out of the Bollinger Bands, so hence was sold out at the time.
(Some times the share price can trade above the RSI 70 For a period of time, for a few days or a week or so). BOO was a good example a few days back.
Don't be cought out by trading.If you are are out, it will cost you to get back in.
A good RNS can blow this upwardds.Let it be a roller coster ride.In the long run you will win. AIMHO.
See what tomorrow brings?
GLA.

[ny boy] 03/7/2017 19:38

Crude prices + 2.2% today, back above $47bl, which s supportive for a continuing rally here.

[ny boy] 03/7/2017 18:09

+ 10-15p tomorrow unless some contract news then could target 506p but that might be fanciful for one day.

[adejuk] 03/7/2017 17:00

marked up in the morning

[whattheduce] 03/7/2017 16:50

Compound growth monkey, as explained elsewhere.

[adejuk] 03/7/2017 16:48

smithy
how did i dis you?
not intended
apols

[trapissed monk] 03/7/2017 16:45

Or held for 4 weeks and be a £/share up.nothing fancy about it really.

[whattheduce] 03/7/2017 16:41

I wanted to see 460 today and there it was. Didn't cash in though, although after Friday finger was hovering over the button.

MMs could be playing us for fools though. I think there are far too many random chances with non professional speculators for them to play to much, the shorters seem to be on the brink of taking a hammering.

What now for first thing, sudden correction down or hold and bounce up again. My next target is 467 by Wednesday with a couple of fairly steep but temporary dips along the way. A 'rhythm' is developing in the intra day chart which may be the ebb and flow of only a limited number of computers trying to play this. Saw one AT for 1 share, every indication that somebody is trying to get a neural net to get a fuzz view of any patterns. Have you ever tried to play poker on line with real humans? It is damn neigh impossible. Rational is proportional to units consumed which you can't capture in an algorithm.

[nicebut] 03/7/2017 16:40

Yup contrarian works for me too- bit of charting to look for over sold, over bought etc..

Nice finish here.

[tsmith2] 03/7/2017 16:39

adejuk - 03 Jul 2017 - 16:18 - 7344 of 7349 - 0smithypl explainIt may have helped your cause if you'd shown a bit of respect.

[ny boy] 03/7/2017 16:34

Strong close..better than I expected, no resistance until 506p

[adejuk] 03/7/2017 16:28

et bonne chance a vous
the ut should be interesting after close

[stoxx67] 03/7/2017 16:26

i do not believe too many posters were short petrofac of the last few weeks, so all who post should be making very good coin now.

i am happy to reassess after the £6 level

bonne chance

[adejuk] 03/7/2017 16:21

for my sins, i used to be addicted to charting.
never knew a chartist who owned a yacht.
more contrarian these days

[lodgeview] 03/7/2017 16:20

Hold for gold. I have learnt the hard way and missed out on some serious gains selling way too early.