Member Info for onedb

Stargate that is my language ;-)

CCI for trend momentum

RSI best for mean reverting

both together offer good oscillator info

Silver flying and gold close to its highs .

Chart seems like its trying to finally find a turning point if anything downside volume seems to have slowed down drastically from a few days ago. Any signs that this is support and traders will pile in to mean revert in my view

At the moment , there or thereabouts .

Insanely high divi yield now ! Wish it was paid out very soon to re invest and lower my average (300) . A case of enjoying the carry and once the stock revalues this will be a double whammy win . Caveat the divis stability in future years

The reality is that this matters but at the moment HOC is showing over the top negative convexity .

OVer sold on technicals too.

Today's sell of due to Chinese AI firm will not have helped equities in general even if not particularly correlated . Strange though as Gold is close to its all time highs . Still don't quite understand this monster move down post the RNS and given the analysts' rec's after neither do they it seems

I would say it must be very close with oscillators about to enter the over sold or entering such values, and the downward momentum seems to be losing steam now , at least if one goes by the body of the candles

Seems to me that not one broker is anywhere near the current share price ,all well above current price by quite a margin .

Think Barclays as maintained 250 today .

Markets though trade on sentiment not just fundamentals as a technical analyst I would know . So with sentiment on its lows am hoping for the bottom to be close now As I sense the rebound should be good there after

Wildtiger

I think that if your 256 level is support as it should be then your buy is a good one in my view . In fact this retrace and a great upwards projection in my view .Lets see but sometimes these retraces are spring boards for very good rises and in this case if we see support and rebound on MOndya I reckon it should target at least 320ish

Clearly the RNS wording in my view is debatable . All of the broker target came out yesterday ! Not one agrees here with price action of last 2 days . Interesting

Analyst Name Firm Rank Position Price Target Action Date

Kevin O'Halloran

BMO Capital

Buy p250.00 Maintained Yesterday

Daniel Major

UBS

Buy p275.00 Maintained Yesterday

Kerry Holford

Berenberg Bank

Hold p210.00 Maintained Yesterday

Tim Huff

Canaccord Genuity

Buy p285.00 Reiterated Yesterday

Patrick Jones

J.P. Morgan

Buy p300.00 Maintained Yesterday

Marina Calero

RBC Capital

Hold p260.00 Downgraded Yesterday

Insane discrepancy here . I like it , as much as many want energy prices down Gas has been flying and in EUrope we haven't really had a winter yet again , and data centres are requiring every more energy which kind of seems to contradict many views on energy as AI will implode and energy consumption is going vertical from these centres. I look at the average 8% year on year consumption increase till I saw it literally go vertical now . Something won't add up at some point

In my view .

Seen today from an RBC analyst is a "downgrade" to 260p Ie 70p higher than where we are sitting as I type Barclays 6 days had 275 and JP Morgan 7 days ago had 310

with Gold and Silver up today again . If this keeps the 200ma then we bounce up again in my view ( I hold for full disclosure )

I read Trump's attack on North Sea windfall taxation and the Apache plan to withdraw in 2029

Now with Trump's inauguration coming up and the pressure the current government has with new deals etc I just wonder if this absurd taxation will face severe pressure and revaluation . As a shareholder here am obviously biased but lets be honest this was an own goal one that yielded nothing or very little to the government previous and current. Jobs lost , investment lost , and the expected returns have not been materialised ( we all knew that ) . Now it may actually be used to appease the US and trade deals , which would actually be good . Reduce the tax and open up good terms of trade with the US ! Maybe something good will come to all in the end .

https://www.cnbc.com/2025/01/03/trump-says-uk-is-making-a-very-big-mistake-with-north-sea-windfall-tax.html

If I may add to your perfectly good points , the improved tax jurisdiction as we are now well diversified from UK tax base only and reduced cost of capital .

To me 400p seems very conservative too. ( am averaged over the years and with the divis re-invested at 300p now but have 500 and 600p equivalent buys thinking back then they were going to double

At 14.30 , I'll be keen to see how much this will rise as gold is rallying and so is silver , am looking to see if we can retest 240-245 areas , and then move on . Trend is up

To you too Pacman 121 .

I agree based on dollar reaching the highs of Sept 22 . Think that all the negative catalysts that brought that big pull back are all in now . So on that basis yesterday may have been the low point and we could be pointing back up now in line with seasonality etc too

Great Dividend yield have to say . ( am averaged at 300p ) so share the pain , all divis always re invested here . the last if I recall well were at 265p . Thought that was the low . Nevertheless yield is superb and continuous re-investing will pay off and lower the average if necessary . I think many miss the fact Gas prices are not going down , if anything gas demand will go through the roof .

In my experience the lows should be very close as we approach a new seasonal rally , so this low does not surprise me , its a good buy in in my view and should rally up again next week may mid to late next week

Just my view no advice etc

Lol !

Very aggressive price action last 2 days on very low volume . Tells me someone wants them cheap