testing WTI $53 area. could go a wee higher before pulling back. or pull back at 1:30pm in a few minutes. see that happen alot an hour before US markets open..
CD, i hope we don't see 7.3p and i hope shorters miss the chance to close at 7.5p because soon be making a push up to 9p. more buyers may come in if we break above yesterday's highs in the low 8s.
a bit of consolidation around the 7.5p to 8p area not such a bad thing. lots news coming within the next week or so. and US/China trade news over the weekend or next week.
that article 7 months old. but look at the chart of PDL. if 20p was regained then it opens to way to a lot higher. can't quite read the figures but i think 20p was the old support zone.