Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Thank you for reply Slift. I will also keep an eye out for further posts from you on the Tullow BB much appreciated good luck
I value your opinion, what price do you see the share price being for pmo holders if we hold and the merger happens plz?
https://www.petroleum-economist.com/authors/pe/peter-ramsaybreditor-in-chief ....this was on PMO chat board earlier mentions Enquest
Hope your right Z.F.G ...need something to pull us round ...4-1 nearly on buys v sells
Nothings been done over ARCM either
My 2 pence worth ....I agree with Kraken it will be oil that takes this back up I can see Brent going 45.5 soon....people bare in mind yesterday's rise in pmo needs to unwind some before the next leg up ...65 still on the cards imo just need time
Chart looks like a lower return line breakout from a descending wedge to me so should be bullish should be going up soon just need give it time to turn. Looks a good level to buy in IMO not advice etc etc good luck all holders
Rise like a phoenix Premier ....rise!!
Looking good for a move up ....just got to hold and wait now
Sorry it's off topic but noticed a post earlier regarding Chesapeake shale company could someone plz explain how comes it's SP can sore up to 8000? Especially since it's going bankrupt? If it's filed/ filing for chapter 11 shouldn't Chesapeake then be suspended from trading? Surely it will just now get shorted to oblivion?
Looks likely that the Sp is going to test 6.445 today or tomorrow....hopefully it will find support there else could be looking at a new low
Ignore after " good luck whatever you do" thought I'd deleted it
Sorry to hear that GoldenBadger we have all been there!!... I do hope however that things pick up for you...I'm happy to always tell someone what I think etc but must admit I feel a bit uneasy in offering any advise as I wouldn't want to cause you any losses or make you regret a decision based on anything I say I am not a professional trader ...I have looked at the chart for you tho and I will be honest in my view only, the chart looks quite weak to me ... If I held HUR at the current Sp I would probably continue to hold as I think it is possible to maybe see a rise possibly to 10/ 12p in maybe the shorter term but I don't know anything about news due for HUR? or fundamentals to do with HUR. That could obviously alter the share price plz take this into consideration. Looking at this particular chart it looks to me like it's basically going to stay around this price for the foreseeable future without any real direction confirmed as yet.
Monthly.... Momentum is negative
Money Flow index negative
Rsi Not oversold and leveling out
Weekly ..... Mac D turned up slightly but weak
Money Flow index negative
Directional Movement negative
Rsi slight higher high on Rsi but wouldn't class it as really strong enough to say it was a positive
Momentum negative but slowing in fact slight up turn could show price drop is slowing or leveling out
( my opinion only)
Daily Moving Average 10day cross over is good but can't promise it will hold so slight positive
Momentum is negative -2.62 but this is very close to being positive
Money flow index negative but 48.46 so close to being positive
Rsi slight higher high maybe a positive
Basically if I held Hur at this level 7.815p I'd hold but bare in mind I don't know about company fundamentals debt etc. Maybe not wise? Although I think it will be held at this price range for a long time yet just due to the moving averages so far away ...if you should see a break out and it clears at the close 10.576p ( 50 day moving average daily chart) then it could then possibly go on to test 15p resistance but the whole time GoldenBadger you are reviewing the chart nothing is guaranteed..hope this helps plz don't take as any advise my opinion only ....good luck whatever you do
Rsi ....is not oversold but has leveled
Weekly .....slight higher high on Rsi but very weak
Mac D has turned up but weak
Directional movement is negative
Sorry if sounds like waffle Goldenbadger/ Kilgeever :) I will keep it simple ...I see it as hitting at least 64p within the next couple of months, could be soon or could be towards the end of July but my opinion only not advise etc etc good luck to you both whatever your invested in ...I also like the charts of AA and Metro atm
Pmo is showing overbought on the 4 hour chart on the indicators that I use...so it could hold or drop back , but it has crossed over the 50 daily moving average on the daily chart so should hopefully trundle up to the 200 daily moving average but will fluctuate between now and reaching there..That's my view hopefully meet it around the 60/70p mark then re evaluate, also there's the gap to still be filled
Looking strong in my view!!