Member Info for Boyobach

Shel got a bit ahead of the US market yesterday, hence the (disproportionate) afternoon reversal which is being corrected today. Worth comparing Shel and CVX yesterday (15 minute view):
https://invst.ly/-6p5l
Also bear in mind the FED announcement Wednesday evening etc etc.
All good in reality - with profit opportunities every month usually for those that seek them.

It’s been a good week for us all on CWR and hopefully this afternoon’s close will reflect that.
Closing above 500 was a step in establishing it as the next support level for the sp with 470 providing a solid platform to attack it:
https://invst.ly/-6nsq . GLA.

Yesterday’s price moves were very much in line with the CELS index, bearing in mind that the US market is closed until 14.30, Firstly, the FED announcement of the previous evening raised the sp to 490 and then the US market kicked back in during the afternoon. Tech stocks in the US market apparently suffered after hours last night, hence a drop back in the UK this morning. The picture should become clearer this pm when the CELS restarts.
15 min view of CWR compared to CELS: https://invst.ly/-6njb

It's certainly looking promising and hopefully CWR will secure the 500 level rather quicker than it did the 400, where it took over two months:
https://invst.ly/-6few .

UTs reflect the outcome of the closing auction - they are not a single trade.

The CELS index initially rose by about 4% on yesterday evening’s FED news before settling back to +3.5% which, excluding other factors, could be expected to take CWR up to around 490 this morning. https://invst.ly/-64jg

Cheers Phatstyle.
'you have probably sold out' : No
'it's going higher than 500p for sure today': It didn't .
'you obviously have no clue what’s going on here': Quite possibly - like a few on here, it seems.

Many market behaviours are common to AIM and Main, Chilting but, yes, there can be more randomness about AIM.
In the end the clues are worth reading. I find genuinely clueless people don't take any account of the numbers and trends.
Todays 'pattern' is text-book for a price that has reached a significant resistance, tested higher but dropped back:
https://invst.ly/-5z65
It may attack 474 again immediately and build from there (unlikely, I think) or it may simply drop back for a while before making a second attempt. I've neither sold nor bought because I want to see the next move. Long term the prospects are looking good but 474 isn't an attractive buy or sell price for me.

Resistance reached in reality.
https://invst.ly/-5qku
£5 has not been established.
The sp could turn back if sufficient numbers decide to take their recent profits
No guarantee the sp will continue upward at pace.
Time for some to consider a stop-loss.
Plenty of targets before £9: https://invst.ly/-5qmr

Yesterday’s breakout (from the rising three month green trend) has continued well today:
https://invst.ly/-5i44
I cancelled a limit sell order at 460 early yesterday when I concluded that the rally seemed to have reasonable momentum. So, for now, my trading is paused and I’ll watch & wait. I usually trade up to a third of my long-term holding in any stock to mitigate losses or lock-in gains. I think that regaining the 490-618 trading range will be a significant step in the right direction for CWR.

With oil dropping around $5 since last Friday, it’s taken the steam out of any pre-results rally in Shel leading up to Thursday. So 24.50 really doesn’t look likely by Wednesday’s close. If anything the sp appears to be about 50p down in relation to Brent compared to recent averages:
https://invst.ly/-5ei7 .
How Thursday proceeds will be a matter of reaction/sentiment once the numbers are released.

I know that the cash raise a couple of years ago set the price at £10.60 but, given that takeover premiums are typically up to 30% above market price, £11 looks a bit of a stretch from here.

Without getting too far ahead of things, it’s worth observing that, having filled the gap, 490 is the next and much more significant target for reasons that should be obvious from this chart:
https://invst.ly/-4zm7
1 It was a significant support level prior to 22nd September and could now be a point of resistance.
2 The price collapsed through it because of the interim results given on that date.
3 The pace at which the price passes back through it should give an indication of market confidence.
On these points: Have the negative aspects of that interim statement now been entirely dealt with?

Well that's the gap filled.... don;t get too excited:
https://invst.ly/-4y75
The trend does look good, however.

Yes indeed char. O&G is a volatile game, which is why most people are on this board rather than something steadier and more predictable. I do expect oil to have a good run as 'driving season' approaches in the US and refineries ramp up.

Fortescue doesn't look like an opportunity:
1) They are going to use their own Electrolyser technology, although apparently still working with Plug.
2) If the economics didn't work for Plug then...
3) The plant is in NE Australia, ITM has a deal with/in W Australia.

small correction:
The cash raise a couple of years ago placed the sp at 1060 (not 1100 as stated).

There was nothing especially odd about CWR’s price on Friday: it was within trend and within the fortnight’s range from 13th Jan, which appears to have consolidated following the update on the 24th: https://invst.ly/-4osn .
What is interesting about Friday, from a chart pov, is that the price only briefly tested support at nominal 400 with both open and close above, which, together with the previous three days (firmer following the update) indicates the possibility that, having steadily moved towards it, the price may have secured 400 as a new low for further progress. The next interesting marker is the gap from 443 to 458 which must be filled at some point (assuming that CWR continues rather than fails in the near future).
I recall that there was a cash raise a couple of years ago, involving the main stakeholders and their assessments, which at that time placed the sp at 1100. Given current progress and prospects it would be reasonable to expect the sp to recover to at least 50% of that value over coming months. I would personally be hoping for better ultimately but will continue to trade it as necessary to minimise my net holding costs. It's been a relatively good earner for me since October.

....but OP ultimately spoiled the show, during the afternoon: https://invst.ly/-4hno
Still, it's entertaining to see how feasible 2450 might still be by Wednesday's close: https://invst.ly/-4hnt

Barrie: OP potentially breaking out: https://invst.ly/-4fw7
Getafgrip: Good points , as usual.
Boris is, of course, no longer around so any promises he may have made are now history. One would ordinarily suppose that any of Shel’s UK Energy losses could be offset against the Group’s wft but I'm not sure if that's the case. As you suggest, though, Shel has a number of legitimate levers it can and should pull.