Member Info for mojo7865

Didn’t get a chance to buy today plus didn’t go below my 315 target won’t be buying at these levels but congrats to everyone who are still in.

Not as exciting as I’d hoped maybe later in the day there will be some fireworks.

3.25 not 3.35 Bp adr price divide by 6 then divide by gbp/usd value approx 1.415

Catching bottoms and catching tops always a mugs game in all honesty even though I’m guilty of doing it. In most cases find what you’re comfortable buying and sell when you are satisfied with the profit . Someone told me “you never go poor taking profits” when I complained in my novice year about missing out on profits of a serious magnitude looking back with hindsight that company went bust a year or two later so regardless of missing the top I could of been wiped out just as easily. Not saying will happen to bp but just be content and don’t let greed or emotions cloud an investment decision it’s easy to say but hard to do no matter how many years you’ve done it. Good luck all night.

I thought about that oddly enough however it’s now too near my average to add more. I’m heavy in there already and until I see it above 15 I probably won’t sell or add more on that one. That Dutch court ruling did a number on the sp had that not happened I reckon it would of been up there at 14 today. For me miners are a bit risky cause of how much they’ve risen but on the flip side they’re the new golden goose too many ev vehicles need minerals from these Behemoths. I’m also looking at other shares assuming they pull back such as SSE, ULVR. There’s some other stock I’m interested in too but so far I’m sticking with boring predictability.

I think for me less calmer waters. Reason is at these levels bp hasn’t proven it can hold to 3.20s as a base. Until I see strength at these levels I doubt I’d buy max would be in the teens below 315 but if poo goes below 70 again the I’d wait on 310 and lower. I’ve gotten my sells pretty good so far but my buys have been a tad higher just out of fomo deep down I know the share will go up longer term but there’s too much volatility to sit and wait. My next play may likely be miners if I see bhp aal or rio with a strong pull back and if bp hasn’t gone to a level I’m comfortable with. With the climate brigade constantly hammering oil shares we’re just one news article away from a drop unfortunately.

I'm sure there will be an opportunity again this month my main concern is it rapidly shoots up to 3.43 this week if it does oh well I still got a sizable amount of shell. I'm more concerned about week 3 and the last week of June look out for quad witching. At one point the buy hit 3.1643 1.5p shy of where i was looking to re buy but such is trading can't complain too much a profit is a profit got to cash in at some point. I'll be keeping a firm eye on BP if the 3.43 target is hit the RSI on the daily will be too high to buy beyond that I'd expect a fall back to 3.15p after the 50ma pushes up. Atm the 50ma has been a solid buy in point right now it sits at 3.05 but don't expect it to hit that unless like you said poo worries come back etc with oils wild swings the share price is highly volatile. What's worse in some ways poo has been higher than it was pre covid and the price is only 3.25 so in my mind any drop below $70 will cause psychological panic and drop he price back to low 3s again but, that's my 2 cents on the matter.

I messed up on that trade lol got caught out well done to those who held looking like 3.25 open.

Just saw this on live sqauwk #OOTT | Iran Deal Joint Commission To Meet At 19:30 Vienna Time - Fars

https://twitter.com/LiveSquawk/status/1400048912103317506

The heats getting to you guys need to have an ice cream lol. I'm back in below 315 if it hits that.

https://twitter.com/business/status/1400016099173883904

Couldn’t resist the profit 3.195 good luck I’ll be back.

MACD momentum about to shift on the daily positive looks like it wants to break the 20s

looks like short term threat of Iranian oil returning to the market is at least a good few months off even if it is agreed these things take time to transition.

It's extremely hard atm lol but, this fills me with glee https://www.worldoil.com/news/2021/6/1/new-nuclear-violations-may-derail-iran-s-return-to-global-oil-markets

Exciting week so far lol got to keep the itchy trigger finger at bay. Feel like the tides turned at $70 and that 3.25 resistance will be easily smashed as the support has moved up significantly since we last hit that target.

Down quite well on poo rising almost 10% up today I’m expecting the same here at some point eye on the prize 3.44

Whoops forgot to say yes I'm in got in on last weeks drop albeit a bit higher than I wanted 3.12

Too busy at work today to make the choice did see it hit 3.17 but no time to login. I will wait on it today I did say I'm looking for 3.43 this month I think it will be hit at these levels. My take is that tech will be sold off into the summer months and money shifted into recovery plays. Will have a look when I've gone home for the day to make an assessment.

Looks like it to me