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You could well be right Marfthew - my observations are generally from a long-term/lower risk perspective rather than trading, although timing is important even for long-termers. GL
I'd stick to concentrating on your own posts & the ever falling share price. You just can't handle the truth or reality of the situation. As the saying goes, if you can't take the heat don't go in the kitchen. I'll carry on posting as & when I see fit. Happy dividend day. I'd enjoy it because things are taking a turn for the worse. But you just stick your head in the sand & pretend there's a magic wand . Unfortunately there isn't.
I've topped up as well. Apparently people are panic buying food and loo paper again. There was nothing left in my local Sainsbury's yesterday. Good time to buy stocks IMO, especially close to the March lows like it's the case for RDSB.
Thanks Boyobach
Some very useful and constructive comments on this BB really has a professional feel to it compared to some (albeit penny share) ones I’ve visited lately
Will be keeping my eye on SP current in 950 range
Hi Boyobach,
On my charts we are at the bottom of the current channel and dailies are overbought, hence I’m happy to buy here. Agree about the March low but I don’t think it will be happening this time around. See another pop up towards the 20dma from here and then down again to potentially tests the March low. I’m happy to trade the channel for now
Hi Char,
Ive copied your posts from today and posted them twice more, so it will save you having to write the same words all over again. Ive corrected a couple of spelling errors for you, but on the whole it was well written.
Very good
Rachel
Hi. Don't think you'll get many opportunities to buy on the way up at present. This has been going slowly down for a good few weeks. What happened to Putin's vaccine? Their is no vaccine. No vaccine or no big rise in RDS & many others. The banks are finished as far as major profits go. People losing their jobs got no chance of paying mortgage, loans, car loans etc etc. That is all filters down to fuel buying. Buying goods across the board. That's the harsh reality of cv19.
Hi. Don't think you'll get many opportunities to buy on the way up at present. This has been going slowly down for a good few weeks. Whats happened to Putin's vaccine. Their is no vaccine. No vaccine no big rise in RDS & many others. The banks are finished as far as major profits go. People losing their jobs got any chance of paying mortgage, loans, car loans etc etc. That all filters down to fuel buying. Buying goods across the board. That's the harsh reality of cv19.
There'll be a gravitational pull to previous bottom 890 or trend bottom, which is more like 920. Either way it is levelling out for now. Time to sit and watch as far as I'm concerned.
Must be a buy soon as we seem to be getting the World is coming to an end comments now.
Way oversold on the dailies. Selling will stop shortly and there will be quite a strong bounce back from here. Up to the upper part of the downward trend channel. Likes dropping and then rising to its 20dma the past few months and then sells off again.
I’m a buyer here today in Shell and BP and will look for a 10-15% pop from this price in the short term up to the 20dma.
The World will always need oil for the foreseeable, the scaremongering has gotten ridiculous now
Hi. Don't think you'll get many opportunities to buy on the way up at present. This has been going slowly down for a good few weeks. What happened to Putin's vaccine. Their is no vaccine. No vaccine no big rise in RDS & many others. The banks are finished as far as major profits go. People losing their jobs got no chance of paying morgage, loans, car loans etc etc. That all filters down to fuel buying. Buying goods across the board. That's the harsh reality of cv19.
Wow back to all time lows. OPEC needs to cut more supply
Probably as steep as it gets: https://invst.ly/s76n8
Might be a good idea to step away from the cliff.
...better to buy on the way up than on the way down....
That was me Barrie.
You'll know when it has turned 'cos the highs will progressively get higher (I watch a 15' chart if I'm being keen). It certainly hasn't happened so far today!
The price short term is probably more likely to respond to worries about second wave which is starting to manifest
The best advice someone recently posted was probably to stop buying on the way down and start buying on the way up
Only problem is I can’t tell the difference!
Until there is some likelihood off a vaccine or therapeutic drug for Covid I think we’ll continue to ride a rollercoaster
On Friday Barrieprov said: ‘RDSB shares have lost 5/8 of their value since their peak last year…. ‘
That was a drop of 0.625, the divi has fallen by 0.666….
On a pro-rata basis that would logically mean that RDS is heading back to 890?
Prescient perhaps?
RDSB shares have lost 5/8 of their value since their peak last year 994/2647
That doesn’t make them good value but it’s quite a drop so hopefully when some normality returns there will be a level of recovery to reward investors at this level As always GLA DYOR