Member Info for OllyRogers

We look good for a push higher - this level would be good for a break out out of the downward channel that has been active since July.

8/34EMA crossover on the cards too which is a good buy signal.

Have to stay above the channel today though

https://twitter.com/OllyRogersECACA/status/1055008051785281536

"Ashley Kelty, an analyst with financial services group Cantor Fitzgerald, described the announcement as “spurious” and said it was “extremely unlikely” that UKOG would be able to recover as much of the oil reserves as it claims.

“The company has been saying that the Portland well is commercial for a while now, so this is probably more to keep the voracious appetite of the retail punters for news sated,” he said.

He added that a flow rate of 1,000 barrels of oil a day “seems a leap of faith” given the testing achieved only 360 barrels of oil a day."

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From the RNS dated 03/08/2018

"Portland short-term high rate tests achieve stable implied equivalent daily pumped rates of 401 and 414 barrels of oil per day ("bopd") of dry 36 API oil over two periods of 6 and 2 hours, respectively. Maximum instantaneous half-hourly pumped rates of 441 and 470 bopd."

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Seems Mr Kelty's analytical skills are somewhat lacking here - I certainly won't be taking advice from his company if he is unable to read basic RNS updates...

UKOG mentioned in the Telegraph - does Ashley Kiety have a short open?

https://www.telegraph.co.uk/business/2018/10/18/oil-surrey-scepticism-raised-gatwick-drillers-gush-oil-flows/

Now that we've broken out of the falling wedge

https://twitter.com/OllyRogersECACA/status/1051735963926503425

Cup & handle targeting 0.89p as a kickoff - results due so I'm loading up my position here, good luck all!

https://twitter.com/OllyRogersECACA/status/1049983119179358213

Smashed through the 1.61-1.65p gap which is now filled; consolidation at this level before the next push up where I'm looking at the 2.50-2.99p fill. Well done to all holders and good luck going forward

https://twitter.com/OllyRogersECACA/status/1049944462900817920

Thanks Pinecone - I'd already signed up via a link received from Vox markets where I was told they would be in contact with me prior to the date. May give this one a miss however - all the best!

Nothing available to buy into this dip

This to me is a good time to load up with Solo suppressing the price and Kimmeridge news to follow. The chart agrees:

https://twitter.com/OllyRogersECACA/status/1049573933769547776

Has anyone received notice of the event yet further than "We will be in touch shortly"?

This news should take it there and beyond. I was actually mid-charting this when the RNS dropped in, so this could even be expedited.

Well done to all holders, and best of luck

https://twitter.com/OllyRogersECACA/status/1048159583888396288

Looks to be at or around this level folks. We have the chart turning bullish and are currently testing the support

✅ Stochastic oversold
✅ MACD crossover imminent
✅ Strong support on the uptrend (bold line)

https://twitter.com/OllyRogersECACA/status/1044922479628767232

Of the weekly resistance line. After that, I see resistance at 1.07, 1.38, 1.61, 1.77, 2.37, 4.12 and 5.48 based on prior areas of horizontal support/ resistance. Please see both charts I have posted there to work out how/ why I have calculated these.

I am holding a significant amount of my portfolio here, good luck to all :)

https://twitter.com/OllyRogersECACA/status/1044226625456492545

This isn't particularly a trader's share in any way, shape or form but I have a few targets of interest on this. For sure though, high impact news will have to be the catalyst for a break as this share has absolutely no intention of moving anywhere on its own!!!

https://twitter.com/OllyRogersECACA/status/1041992412594352128

I hope the share takes you there bud, best of luck!

I must admit Aeasty I was surprised it dropped down right to the bottom of the channel, I was very fortunate to get in at the high 5's on this one - very surprised as it had no business dropping that far

45% upside to my near term target of around 10.5p, good luck all :)

https://twitter.com/OllyRogersECACA/status/1041621641736998912

Best of luck mate, add on the dips as ever :)

Good to see you back again Tony, don't think our paths have crossed since PXOG last year!

Never said it was oversold on RSI bud, only the Stochastic which is one above it on my setup :)

News will be good, on to Kimmeridge. Hoping for a nice bounce on the DMA crossover though, just to whet the whistle in preparation