Harbour Energy Share Discussion Threads

[begorrah88] 27/10/2017 05:17

It's got slopey shoulders - Very TD!


I am hopeful that we are due a bounce from the bottom of an upward channel. If we fall through then it could be a repeat of the big dip following an even more pronounced inverse H&S at the end of last October [which I'm sure some chartists could say led to the surge in January]

[american idiot] 26/10/2017 22:17

I was bored so put together a little chart showing my current thinking.


free stock charts from uk.advfn.com





Inverse Head and Shoulders (Head-and-Shoulders Bottom)

The inverse head-and-shoulders pattern is the exact opposite of the head-and-shoulders top, as it signals that the security is set to make an upward move. Often coming at the end of a downtrend, the inverse head and shoulders is considered to be a reversal pattern, as the security typically heads higher after the completion of the pattern.

Figure 3: Throwback move illustration currently in play here

[badger60] 26/10/2017 19:58

I have been looking at some of Durrant's presentations and he comes across as a long way from being "the muppet" that some portray him on this bb.
The idea that he is single handedly responsible for/condones the current share price manipulation is absurd. I agree that (the expensive)Solan project has not delivered,as yet, what was written on the box, but his performance in other areas has been imo exemplary,.refinancing, EON, Catcher, Mexico, non core asset sales, etc.. especially against a background of how the oil industry in general has suffered over the past couple of years.
Without doubt there are sinister share manipulation agendas in play ATM...some to do with the CBs and undoubtedly some to do with hedge fund shinanegans, supported by paid stock bb fluffers spreading doom gloom and fear.
In reality, the PMO fundamentals are strong, especially for a company valued at only £320mio.
A good result from Catcher and a sustained strong oil price, will without doubt have a favourable effect on the share price .....with the added momentum bonus of the shorts running to cover their position.....GLA

[ny boy] 26/10/2017 19:30

Pretty poor of late, testing 62p support, someone needs to bang the Boards heads together, they really should know better.

[american idiot] 26/10/2017 19:05

Brent continues to challenge key resistance

Brent remains stuck below the highly significant $58.48 resistance level this morning. This level is key to determining whether the recent upside is going to persist for a longer period.

Given the recent shift from lower highs and lows to higher highs and lows, there is a good chance we will finally see that bullish breakout. However, it may make sense to wait for a break or reversal around this crucial $58.48-58.93 resistance region. A break back below $56.96 would point towards a bearish reversal from this area.

...........

Brent currently $59

[rogerlin] 26/10/2017 18:57

How about a nice result from Ravenspurn North deep, soon be a year now since this was spudded.

[bakedbean57] 26/10/2017 18:41

Brent through $59

[badger60] 26/10/2017 18:37

Found it. There were 2 simultaneous 1mio trades...a sale and a '?'. It suggests a put through and not an outright sale.......

[begorrah88] 26/10/2017 18:33

After hours Tuesday and showed up pre opening yesterday

[badger60] 26/10/2017 18:24

begorrah88I don't see the 1mio trade that you say was "dumped " yesterday?

[paulbiya] 26/10/2017 18:23

https://www.investing.com/commodities/brent-oil58.81

[asa8] 26/10/2017 17:53

What’s in them barrels iron bru Durrant out now before he destroys this company

[begorrah88] 26/10/2017 17:39

So 1.5m dumped today

1m dumped yesterday

Someone aiming to get out before we find out something?

Seems odd timing with Catcher on the horizon

[badger60] 26/10/2017 17:16

A huge 1.5 mio share sale at 62p timed at 15.40pm printed after hours......This seems to have been well absorbed given the close of play share price

[bakedbean57] 26/10/2017 16:31

Oil near a high for the day and PMO at a low, Erosion of the share price and corrosion of the sentiment...

[badger60] 26/10/2017 15:31

Just bought a few more......and happy to buy more on further share price weakness

[american idiot] 26/10/2017 15:04

Well, theres the 62p Beg. You were right.

How sad is this.

[bakedbean57] 26/10/2017 13:33

Oils crashed though right...

[begorrah88] 26/10/2017 12:46

and there's our first visit to 62p bid for a while

Just a daily drip,drip,drip

[asa8] 26/10/2017 11:18

Rinse and repeat

[steve73] 26/10/2017 09:54

It could now be the CBH's dumping these additional shares onto the market to generate their cash...