Member Info for Camkite

Less tax breaks & green energy initiatives makes less producers viable = less oil in market

Dollars will / should hit lower levels of society Which will weaken dollar which is good for the price.

Long oil. It “should” bounce from here unless arse falling out of it which I just don’t see.

Hard to really predict what’s what on a Biden win tho. Good for international relations sh** for the dollar should see oil ruse quite swiftly imo.

Hate to break it to you mate but this government have been f**king up British industry for the last 10 years, recently they’ve just stepped up to 5th gear fu**ing up the country altogether.

Even better we bounce straight up. Test 90 then retest 8am high.

84p close aimo

Trade it up trade it down then you don’t give a monkeys !!

Nearing 37.5p

Hour before inventories released.

Couldn’t make it up. Everything will be priced in and it’ll bounce.

Markets jittery because of elections.

It’s all good brothers and sisters just ride the waves & leave those emotions in the bedroom!

Of the first hours high @ 80.1 giving this new hourly a lower shadow and then we test 91 again.

84p close.

My crystal ball is working fine!

Saife- Dutch trading212 it’s marketed much like robin hood in the states. Ig.com are solid brokers.

& yes it is allowed.

If for eg you short a share with a dividend o payout you have to pay the dividend... if you are long although the share drops you get the payment.

Yep. 84p close.

Imo is where this will settle.

Gap and mid point on the daily giving us a decent upper shadow and test of the previous yearly lows.

Sorry - I just get over writing AIMO as ofc its AIMO forums are for discussing possibilities, technicalities & fundamentals

& not one person is always right so.

Aimo

We bounce at 17.8 and it may well coincide with crude @ 37.3/ 37.5

BS

The Only people trading these oil companies with hedged prices based on today’s oil price are pi’s.

It goes up and down daily.

Long term predictions is where & what you should be working with.

We’re on the same page.

Just had a nice run on Rolles Royce after h1 closing over the opening, almost see it running up to the brn.

Anyways - gl my man.

Hence why I see the long at 37.5 ... it coincides with a 3rd year of the trend from the lows.

However. Ofc agree.

Election next week and god knows how short term swings in everything will react to a Biden win... he should be good for oil price, ****e for the dollar & possibly good for USA international relations

(Until his puppet masters crack his dumb ass whip)

Aye. Of course.

Now take into account news is due, any day and will make this the start of the turnaround.

I’m more interested in how the daily closes as there’s now a nice opening gap that needs filling.

@toothache

If you view the candles as psychological guides & the price of the share was X (with more uncertainty & unknowns) and news is released which removes uncertainty & acts as a positive, why would you find a surge of sellers below the previous psychological buy / sell point ??

It is understandable that it gets tested but doesn’t make sense that it would crash through... especially taking into account once the money is in the bank (confirmed any minute possible) this company is safe for 12/24 months (oil price dependant ofc)

I’m going long oil @ 37.5/37.3 (crude) as I mentioned last week I expect oil to make its way to $48.8

Of course.

But the psychology is completely different now then when the last RNS landed & will be different again on the next

(The previous days opening - before news broke)

Get your head around that.

Na.

Sorry mate, bounces off support & confluence... I was expecting 17.8

It bounces off the Previous days opening price which was a very solid psychological point.

How is it arguably more important than the money going in. The bank??

Can you comprehend the difference between for example... a bank saying we’ll lend you £200k”

&

“£200k actually landing in your bank ???

The market HATES UNCERTAINTY!!!

The Chairman and CEO of the Company, Randeep S. Grewal, commented: "The Board of the Company is in support of the relief sought in the Petition and expects such action to provide the Company's stakeholders with fair market returns upon the sale of GDG assets."

Nothings changed & everything as is predicted as far as I can see....