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Need some input from any chart reading gurus out there. Is it pulling a big H&S or do we have an inverted M, seen on the three month chart, daily candles. Any genuine, positive, no BS, replies are most welcome so that rules out about 99% of you oxygen thieves. 😁

That’s funny I also been getting itchy left palm but they say if it’s the left your losing, if it’s right your receiving 🥲

At least tell us what it says 🤦🏻‍♂️

Ok but that is not a Tug for the Sea Lion project, right ?

Why do you call it the Sea Lion Tug ?

Nice to see the share price moving up. I am very surprised at how strong our floor( support )at around 33.5-34p has been over the past couple of weeks. The share price kept pounding on it but it did not break. Shows our support at that level is strong. GLA 🤞

Don’t rely on NEOM, it has been way to ambitious, it is now scaled back massively, Saudi have taken on to much projects and feeling the pinch, word is they are now borrowing money from Kuwait. If Trump gets his way he will drive the price of oil down and Saudi will suffer even more. But you still have Iraq, Gaza, Lebanon, Libya and Syria which all need to be rebuilt.

Grow more, I don’t know about that, if you look at the drop and consolidation prior to this one it formed basically the same bearish pattern as now and it was spot on, it fell.

How are you seeing this Rob, what chart time duration

Is there anyone in here who knows how to read the charts. I would like a second opinion. From what I am seeing on a 5 day chart, 1hr, 30 mins and 15mins candles, it has formed a bearish channel. What are your thoughts on this.

Spoke to soon 😁

After such an explosive move over the past few months you have to expect a retrace, in fact it is healthy for it to happen so we can build momentum for the next move up. It is not healthy for the price to just keep going vertical, these kind of moves rarely last and have no strength so quickly fall again

We have broken the support level at 36, if it closes below 36 today and confirms tomorrow then our next support level is 34, if we break and confirm that then we are going to around 30.5.

If we get a close above 40 today then that would confirm 40 as our new floor(point of resistance).

How do you know this, do you have anything to back this up

For Christ sake at least get your Facts correct, it was NATO that started all of this, NATO was the aggressor by moving to close to Russian territory In the first place, there was an agreement made in the 90’s not to do this and NATO have broken that agreement not Russia.

It is the last trade I see

Yes if you go to a 5day chart, 1hr candles, could be a small inverse head & shoulders forming which so far is indicating that the price will go to 40.

Wood Group have a manufacturing facility in Saudi.

Don’t forget Syria. And the real reason for the Gaza war is a huge gas field off the coast of Gaza which I believe BP is going to develop. We got Libya that needs to start up and Iraq has many pending projects.