Member Info for johnygaddar

Where is swazers hiding with his hourly charts pointing to 8p predictions last week? He didn't believe in anything else except the TA, but even TA has failed now.

bb1202 how did you know that a massive upside was coming?

Charting is just a piece of a pie, you need to be aware of what is happening in the UK markets, global markets, fundamentals of the stock, political news, potential deals, RNS. If charting could tell everything then all the intelligent fund managers graduated from top financial institutions could never loss money but in reality a lot of funds are trading at lower values. You need to be careful about your money.

hahahahaha.....:)

Berebburg put a target price on Hurricane Energy share at 100p and the share is currently trading at 6p. I would use my own brain rather than theirs.

Hasiba - It looks like you might have made millions by now in oil stocks :)

An upward momentum is being build on Genel charts and the major resistance of 130p will be tested tomorrow. This resistance has been build on 9th March and tested before on 9th April and 27th May. Once the price crosses this level the price will jump to about 150p. Looks like tomorrow it is going to break this level with support provided by the oil prices and the bullish markets.

Fingers Crossed

Today's rally will do more of a consolidation than rising as traders will use it as an opportunity to exit stock rather than buy it.

Any charting expert please through some light on the significant reduction in daily trading volume of Hurricane, earlier the volume was more than 20 million which has now reduced to less than 10 million. Is it a good or bad thing?

WTI back above $25, with positive API weekly report. Tomorrow is going to be a big day for oilers.

Finally some positivity, Brent crossing $30

https://oilprice.com/Energy/Energy-General/Oil-Major-BP-Looks-To-Break-Even-At-35-Per-Barrel.html

BP current breakeven for oil is $56 and they look to reduce it down to $35 in 2021.

https://seekingalpha.com/news/3565177-petrobras-reverses-production-cuts-amid-strong-fuel-demand?utm_source=investing.com&utm_medium=referral

Petrobras has decided to reverse production cuts

Brent is cash settled rather than physical delivery

littlened & caitlin1, just for your info, Brent cannot go negative as there is no physical delivery involved with Brent whereas with WTI there is physical delivery involved so it can be negative.

Massive production costs for RRE per barrel. Cash will disappear soon.

RRE with Market Cap of 103 Million dreams to takeover Hurricane with Market Cap of 234 Millions.

Keep Dreaming.

Itsallrigged: I would avoid this altogether for next couple of years. SP going down to 10p soon.

Pete, if you are rubbish at trading then why do you even bother to have an account on LSE

My expectations of SP for tomorrow is trading between 15 to 17p