RE: Chartists23 Jan 2019 19:31
inverted head and shoulders’ pattern? spotted that a day or so ago. and a reason why i've been loading up on oilies. i'll see if i can buy PMO tomorrow but i need to see gains elsewhere to release funds. i did a late wee trade today and bought ENQ at 18.28p. seems not just PMO having a bad day.
just as i'm typing oil spikes up. nice! brent now above the close price at 4:30 ($60.94). now 61.08.
If it is manipulation that took down oilies today i don't see how money is being made. PMO only got to 72.5p so any1 shorting from that price will be lucky to make 2p, oil may bounce strong this evening and PMO open at 71/72p.