Member Info for downbutnotout

oh dear big builds.. better tell members!

nice strong finish on wall street. but not for oilies.. 73p retest tomorrow. maybe into 60s by Friday.

TCG down 19% so we should be up now!!

didn't brent get to $52 in January? i do remember buying at under 55p.

i think under $60 coming. WTI still not got to target (c.$51). if that don't hold (50/50) then $48 is next support area. that would take brent to say $56.50

this is a hold/buy to me at this level. its at oversold levels. compare with other stocks today like Thomas Cook (TCG) its down 10% because it got to overbought levels. maybe if TCG drops 20% today RMG goes up 10% :)

$60 round downed for brent i said a couple days ago. lets see.

one reason for the recent selling?

https://www.zerohedge.com/news/2019-06-03/it-begins-multi-billion-hedge-fund-blocks-redemptions

222p today :)

today and i'll be out :)

86p better though.

a downgrade. thought so. its back to my day job at this rate. i'm getting poorer by the day :(

i'm off to Post Office in 10 minutes. online sales from my day job to post :)

i have c.195p area as smack bang on support.

looking oversold with 3 days of gap downs on the open? usually indicates a bounce is coming!!

below 198p there is support at 192p. bounce off there before i think..

10% down in a week :(

still holding 10,000 not sold any. no idea why the drop today.

i must be looking at the wrong brent price. its the brent futures which is at $61.05 but the other live price i usually look at is showing $62.2

$61 looks more realistic

looks like my $60 target (rounded down) is coming. more China tariffs today.

i'm seeing $63.44 right now. Mrd says its been to $62? my RT chart showing its not been that low today but its looking more likely it will get there though. WTI has just crashed through the $54.50 support i had as target. below that it gets very ugly. next support $3 lower.. that equates to about $3.50 for brent so rounded down that makes the target $60 for brent.

"Imitation is the sincerest form of flattery that mediocrity can pay to greatness."

good morning all!