Just hit resistance, needs to break above (break out of the 1hr regression banding to the move into a range of 22.5 to 24.55), then test 24.55 and upwards...come on enquest, steady as she goes for Kraken my sake :)
Bailiff - I dont short stock. I had circa 40k invested in here when it crashed from £2. Although you may think I am deramping I am just watching the charts and sharing my thinking. Yes oil is on an oupward trend but it wobbles regulalry (which is no issue if you are a LTH and I am medium), TLW has dropped 50% in the last few months (albeit climbed in the last few days) and has never delivered on results day...I am long just not confident in tomorrow....buy stocks on the rumour, sell on news may just be applicable here.
Resistance at 45 - lets see how we do and at the top of the regression channel on the 4 hour - lets hope we cross with ease, into a nice finish....WTI is looking a bit wobbly (potential retrace)
For a bit of fun should we do some predictions of COP tomorrow. A group of us do it on the BP board...... Happy to start the proceedings with 41p Jeffrey 1979
Capd - glad its not me that thinks this share will not go up tomorrow. I think this will be steady at best and reflect any change in POO overnight. Not de ramping just stating unlikely to see a gap up tomorrow (hope I am wrong)
Bad day across the board - we all now have less disposable cash courtesy of bojo, plus US covid concerns. Oil will edge back to test 73 but may have little or no impact on Tullow..lets see what EIA has to say
Jubilee.... That wasn't very nice... I am invested in both and entitled to views and opinions.. I would never wish anyone to lose money. We all share the same goal. None of us have a crystal ball and we definitely don't have the funds to move the SP so we share insight, predictions and frustrations.