oil price looking weak today. if oil stocks tank tomorrow then how likely is LEK to move higher? still below the 20 and 50 DMA but very close to breaking it. Friday may bring a good buying op. below 4p but wtfdik.
maybe Iran are playing ball now. hijacking oil tankers isn't the best of strategies is it? I would like to see Iran exporting oil, its not right their people should suffer economic hardship.
under 79p, oh dear. oil price heading for a close below key support level. Friday tomorrow, always a bad day for Premier. if oil drops hard then who knows maybe 68p will be seen soon.
be careful guys. 85p is resistance area and it overshot it. there is potential for a big pull back down. who knows even a full retrace to close the gap that opened this morning. never say never..