Member Info for MyrtleMan

This seller that pushed it down all day yesterday is still capping this, now sitting around 3.14 in the dark (not the 3.27p visible on the lit) as that's where all the trades are going through at. Constant buys all morning and it hasn't budged.. Maybe once he's done we could climb back up towards 3.50-3.60p

What's very interesting and pleasing to see from my point of view is that Shell and BA have put their hands in their pockets to keep things going, as they know what the roadmap is.. they know PP is coming and have a lot more information than any of us on here. If they saw this thing is going bust, they would not have poured another 500k down the drain.. long road ahead, but that's a very positive RNS for me.

Now up to the resistance at 4.90 that held it up for a little while mid-Feb.. once past that we could have another shot higher.

Lift-off...

Technical is still strong looking in this alright.. nice support from the trendline off the November lows and the 37-day SMA around 3.70 and coiling for a move higher again. The 38% fib from the move down is at 4.65 and the 50% is at 5.08p - if we can get above these we should head back towards the highs again.

Buyers creeping back in, it finds support around 3.50p, on a trendline drawn from the November lows through the bottom of the triangle at the end of January.

I know it's not important, just curious as to when I see it happen in front of my eyes that my buy is classed as a sell

I just bought some more at 3.73p. Immediately it comes up on the list of trades as a SELL on NXE. How can my buy be classed as a sell? I know there are two sides to every trade, but this was me going in to buy, not someone selling. How many sells do we see I wonder on a daily basis that are actually buys?

Huge volume on the sell side, like last week when they couldn't get their hands on enough shares and were lifting every bid, they are now selling anything they can and hitting every offer in size.. This can't be just because of the NE objection??? Is this another AIM Pump and Dump??

Doesn't look like the market cares too much..

Could even be a possible takeover in the offing here this has risen so much in the last two months and the last 3 weeks in particular.. I'm sure the management have an exit plan that might involve selling to a big oil & gas player who can pick up a useful strategic and PR prize on the cheap here. I'll happily take 25p per share for my holding.. :-)

Sitting on a 400% plus gain on some of my buys (1.17p, 1.24p) and am up very nicely on my overall average, after having been under water for the best part of two years.. happy days

I think the reality is that someone knows a lot more than us, it's obvious in the last 3 weeks action. They were taking whatever they could today in big chunks, and even the chunky sells were absorbed without troubling the rise.

.... That was a nice rocket ship when I drew it... :-)

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Trades 5p and is on the verge of breaking out of a lovely triangle again.. Coupled with the Golden Cross signal, this could really take off.. a bit of good news would be very timely right now..

We're about to fly here.. MMs just playing silly buggers at the moment lowering the bid to 4.51p, trying to scare some sells.. Wait until that seller camped at 4.90p is done, we'll take off..

This is setting up nicely for a big pop on Wednesday when we get the Golden Cross 50/200 crossover.. Bull flagging, good, constant support from below.. if we can take 5.20p I think we'll fly to 6p and beyond.

I think 4.70 is our new floor, it's just absorbed a 1.2m share sell and immediately is 4.80p bid and 4.86p gets lifted on the offer for 230,000. Still lots of demand here.

MMs playing games, trying to shake the tree a little bit.. pulling away the bid from 5.0 to 4.9 to 4.7 then 4.5 trying to scare a few sales.. while grabbing half a million shares in the process. We continue, for now, to bull flag, looking for a strong break above 5p and 5.2p. Small false breakout yesterday, main one still to come.

Time for lift-off... chunky buys take it over 5p...