Earlier manipulators of this dirty work had a break for tea this morning, is about time they have one for LUNCH after managing to hold the stock once again around the 30p The Oil price is moving lower just now as it moves from $31 to $32 and back to $31 again or lower
re -16.69% short of Asia Research That could easily make my prediction soon of 50p be a reality They may start closing if they want to make money on the short ask at 30.54p
Brent Oil is rising again and now looking for $32 again currently $31.66 +0.69
So far the break is working, lets hope it last, the share price rise naturally, so may as well the coffee pot is a large one, and is difficult to empty. ask price @ 30.45p
Are we seeing the manipulators of this dirty work giving a rest for the moment being to the shares today? They were working hard almost all yesterday and again this morning, but there is hoped that at the moment they are having break. ( Is it tea or coffee is “difficult to guess” )
Intraday support @ 30p for the last 2 hours5 May 2020 14:36
Apart from the little spikes, there is support in the Intraday chart during the last couple hours, so eventually will have the propper rise like the others.
The #1 oil and natural gas research service on Seeking Alpha. Global inventories won't reach tank top, not even close. Global inventory builds have decelerated materially in the last 3-weeks. Global production shut-in is estimated to be ~4.4 mb/d today. Combine this with the OPEC+ cut in May, and we estimate supply loss of 13 to 14 mb/d.
The shares had a 76.4% Fibonacci retracement on reaching 20p
Retracement Sequence from intraday high 28.5p, low 17.5p 0% 28.5 Last Intraday high 23.6% 25.9p 38.2% 24.3 50% 23 61.8% 21.7 76.4% 20.1 Bounce from on the next stage 100% 17.5p last Intraday low
A New York-listed company has joined the race to buy the remnants of the biotech empire amassed by Neil Woodford, the fallen star UK fund manager.
Sky News has learnt that Acacia Research Corporation is among a small number of parties which remain in discussions about acquiring the portfolio of stakes in companies such as Mereo BioPharma and Rutherford Cancer Centres.
It took its time to get and "AT" ( 5minutes ) going or any trade compare to the rest of oils, but finally one came at 11.72p but now already paying 12.04p to buy