post from another h4h.
From the "UPS" thread at 16:28pm...
UPS
AMER 17p ( 16.75-17.25p )
Reasons: Rising volume today after some time holding at lows. Very good Indicators being at oversold and now rising, but the main positive one is the MACD ready to cross over "0" and divergence at the same time. This share is well undervalued ( most Analysts say so too ), has strong cashflows as an oil producer with Average production of 7,037 b/d, oil price well up and best for the Year.
Trades at NEX.. Http://www.nexexchange.com/member?securityid=17568
chart with volume and Indicators
https://tinyurl.com/yburq4w5
Agree these will come good as fundamentals shine through. I topped up a couple of days ago also. Looking to release funds to top up further at this price. Patience here will be well rewarded shortly imo Good luck all
Agreed this has go to be one of the most undervalued oilers on Aim. Still expecting a rerate before end of year and have topped up again today. Good luck all