Urals Energy Share Discussion Threads

[jonnyfro] 21/5/2009 10:00

A reminder of my post this morning...

Navyan re your comment yesterday about my post correlating UEN, Crude and Russian stock exchange. For one who seems to know where all the resistance points are I do find it difficult to grasp that you could not get the gist of my graph, anyhow here goes..

When analysing the performance of a stock listed on the LSE it is also inportant that you track the performance of the index of the country that company operates in as well as tracking what it deals in. In this case I tracked POO and The Russian stock exchange..


free stock charts from www.advfn.com


free stock charts from www.advfn.com


You will see that where I drew the vertical line through all three graphs was at the most recent peak. Then immediately after that vertical line all three shares dropped off, profit taking most likely, and have since then bounced back to previous levels.

I believe that this, rather than the "seller" or bad market sentiment around UEN, is the most likely reason from the drop from 16p..

In other words we dropped with POO and Russian market and now we should follow suit with an appropriate bounce..

Blue day

JF

[navyan] 21/5/2009 09:59

buyers will come in, as MMs create this rise to make people think they are gonna miss the train :)

[carlito sway] 21/5/2009 09:59

can sell up to 25k for 8.38p.
25-50k at 8.25p.

[g3a] 21/5/2009 09:59

to be +8.5% when the ftse is down +100 could be considered a good start to the day.
let's see if we get spaffed on from a great height later, although sincerely hoping that is not the case.

[navyan] 21/5/2009 09:58

Hi Jonny, I am not totally rely on britishbulls, I bought day before yesterday at 7.6p when bristish bulls said "sell confirmed", I just use them to confirm the accurate candlestick patten, thats all

[jcgswims] 21/5/2009 09:57

Limits 25k buy 8.945 sell 50k 8.25 :)

[rattlesnake28] 21/5/2009 09:56

We definately need buyers otherwise they'll drop the Ask, unless something is brewing.

[navyan] 21/5/2009 09:56

finishing blue will confirm the trend reversal.

[jonnyfro] 21/5/2009 09:56

Firstly navyan, anyone that pays attention to British Bulls for investment advice needs to rethink their strategy.

Ohsodit - the same low volume that took us down from 16p...

[navyan] 21/5/2009 09:55

we need to break 9P here, come on !!

[ohsod1t] 21/5/2009 09:54

All going the right way. Just need some buyers now. Sadly the volume is low.

[rattlesnake28] 21/5/2009 09:54

Thanks jcg, your a star mate :)

lol this is moving up on no trades? wtf...some big buy order in the background?

[navyan] 21/5/2009 09:54

just in case anyone missed my post last night:

guys, just had a good look at today's finish chart, what we have here is a "Bullish Harami Cross" or "doji" as i said earlier afternoon, and a "buy-if" tag on the british bulls


please ready these: Bullish Harami

The bullish harami is made up of two candlesticks. The first has a large body and the second a small body that is totally encompassed by the first. There are four possible combinations: white/white, white/black, black/white and black/black. Whether they are bullish reversal or bearish reversal patterns, all harami look the same. Their bullish or bearish nature depends on the preceding trend. "Harami are considered potential bullish reversals after a decline" and potential bearish reversals after an advance. No matter what the color of the first candlestick, the smaller the body of the second candlestick is, the more likely the reversal. "If the small candlestick is a doji, the chances of a reversal increase. "





the candle stick we got today is very close to a doji, and this is after a 5 days decline trend, so our chances of a reversal increase !!


we opened today at 8P and closed at 8P, so it is a proper doji.



Explanation:

The Bullish Harami Cross Pattern is a strong signal of disparity about the market's health. During a downtrend, the heavy selling reflected by a long, black real body; is followed by a doji next day. This shows that the market is starting to severe itself from the prior downtrend.

Important Factors:

The Bullish Harami Pattern is not a major reversal pattern, however the Bullish Harami Cross Pattern is a major upside reversal pattern. Short traders will not be wise to ignore the significance of a harami cross just after a long black candlestick. Harami crosses point out to the bottoms.

A third day confirmation of the reversal is recommended (though not required) to judge that the downtrend has reversed. The confirmation may be in the form of a white candlestick, a large gap up or a higher close on the next trading day.

[jcgswims] 21/5/2009 09:54

oops can't keep up - now 1 v 2 - WINS v EVO KBC :)

[ucasavi] 21/5/2009 09:53

From JF's post 25923 it looks like the duration of the slide correlates with the oil price slide. So that retracing up could also correlate, but with a factor since the falls were different in magnitude

[jcgswims] 21/5/2009 09:53

Buy 1k 8.743 sell 50k 8p :)

[dusseldorf] 21/5/2009 09:51

Le Mass Du Pap - FML and it's recent 3 month 4000% recovery is testemant to the fact that turnaround can happen if the news is right...it is not beyond the realm of possibility....

[rattlesnake28] 21/5/2009 09:51

LMDP - yes, the potential for some of these beaten down Oilers are absolutely astounding. There all plenty of these opportunities out there at the moment for the brave.

PS. My fav MM's is back ;) Limits please? :)

[jcgswims] 21/5/2009 09:49

MTRF moved off the offer to 9.5 (for now at least) KBC back on the offer now - 3 v 1 :)

[le mass du pap] 21/5/2009 09:47

Two things have caught my eye on here this morning. One was the mention that we're still at 'junk' prices and the other was the mention of institutions buying should we get the news we expect about D&T being retained. Looking at the chart we can see what happened to the share price in just two to four months at the back end of last year, 160p to 4p! So bearing that in mind, what is the potential here for a recovery should we get the good news and the insti's start buying again with their mega-bucks? Huge I'd have thought, and in a relatively short space of time too. Aimho, etc......


free stock charts from www.advfn.com

[ucasavi] 21/5/2009 09:45

Effectively it says that the Far Easten Region of Russia would get gas (domestic etc) from Sakhalin 1,2 instead of royalty cash payments. So the region's life would depend on the projects, and no messing around I guess.

"Russia will receive royalties from the Sakhalin gas project as of 2011

Russia will receive royalties from the Sakhalin gas project as of 2011, orders the Government of Russia.

The Prime Minister of Russia Vladimir Putin on 11 May signed that Russia would receive a share in profit from the projects «Sakhalin-1» and «Sakhalin-2», implemented under the terms of the production sharing agreement, contributions in natural form gas equivalents for gasification of Primorsky Region. «Accept the proposal the Ministry of Russia, agreed with the executive authorities of the receipt from 2011 revenues from the implementation of production sharing agreements on Sakhalin-1 and Sakhalin-2", due to the Russian Federation, by regular payments for the extraction minerals (royalty) and the proportion of profitable products, in natural form (gas) to supply gas to customers located in the territory of the Far Eastern federal district, through the authorized organization as defined in the established order », - stated in the order, which cites RIA« News ."

[carlito sway] 21/5/2009 09:44

when can directors buy - Is there like some sort of transfer window like in the premiership?

[dusseldorf] 21/5/2009 09:43

limits say one thing, but the buys over the limit volume say another - MM's controlling the show and you can buy stock under ASK if you want.

[rattlesnake28] 21/5/2009 09:41

Mogs, 100% agreement. Although now its 3 vs 1, MTRF is going to have to make a move soon.