I think it will help a little but....in the longer term countries that need oil will look at the geopolitical situation in the Gulf and want to write future contracts with suppliers in more stable regions. Colombia is coming out of a thirty year war all sides might be willing to put aside their differences and make some money.
No idea re technical charting but I have bought back in this year. I remain perplexed as to why an online gaming company with no debt that pays a dividend from earnings each year is priced at 154p? This should be closer to 300p imo but gaming so out of favour with the markets nobody is buying the fundamentals.
Got burned here averaging down from £3 and stop lossed around 180p crystallizing a significant financial loss. That said always felt the business had potential so bought back in a three months ago and have enjoyed the ride thus far. Would I buy more in the hope of seeing £3 again? Not until Brexit sorted and some firm news on a bid but willing to hold.
Had taken some profits earlier in year leaving me with 10,000 shares.....at sub 50p just added another 10,000. A gamble but actually not that risky imo. DYOR etc. Bought at 48.something p which I think cheap
Pre Production and Price Discovery13 Aug 2019 07:39
https://mobile.twitter.com/quakes99/status/1158422286887555072 A long video but Sachem Cove viewpoint an education on the uranium market and miners. If BKY gets the required permits and starts digging later this year the sp will rise. Should the local and central government drag this out with further delays then I will cut my losses (again) and buy another mining stock in a country not run by idiots.
Nolo do you purely invest on charts and tech data? Interested to hear how you punt on IMM. My own strategy is contrarian ish to look for opportunities among big fallers and then take a punt depending on the science or financials