With oil prices where thery are the read across sees us at atleast 51p......add to that everything I've said previously you can see the direction. Buys are 2/3 trades are buys
I think this could see a swift rise.....it tends to go up quicker than it falls. Plus we have a committed buyer, new money and those banking on a big re-rate.
Its been bashed since Friday, time for a reversal once everyone has filled their boots. Key will be how it breaks through 52.5 and then 55 should come up quick. The holdings RNS' will make good reading
Engineered to fill the big buyer here at the exense of the PI. Should see a strong rebound now as bargain hunters load upFurther holdings RNS and Oil recovering should now see us nagivate a move towards 60p
I would expect the sector to be up in anticipation of a deal. Tlw still has a buyer accumulating so expect a big move up before the weekend. Would like to see this break through 52.5p and then target 60p.
Samuel Dossou-Aworet is a buyer and these swings are filling his orders......should be closer to 60p otherwise. Expect this to rally again in the afternoon similar to yesterday.
Confirmed reports of cuts to make them leaner - market loves news like that. Plus there should be a holdings RNS today or tomorrow I think. End of the week should be a lot higher.