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@Jubiley (Canaryw), now whose talking BS!
1. The 'How dense the population is' obviously went over your head.
2. I'm not sure if you were awake during all this but the virus originated in China
3. China and many of SEA countries implemented it's draconian measures plus the will of the people to take it seriously helped to curtail the virus and keep cases low (unlike the people of UK who put their freedoms before themseves than the needs of the country (NHS, elderly, vulnerable, your neighbours, your own flesh and blood and relatives). How do I know, I have family in SEA, worked in SEA and China for 8 years. The fact that China and SEA countries wear masks on a daily basis not for the virus but for air pollution, was not something that was new for them to take on board unlike UK and other western countries. The fact that when 2 Vietnamese nationals returned from Europe at the height of the 1st wave hit italy and concealed their symptoms turned out that they werer infected, their whole family were frog marched to an isolation camp as well as isolating the wholse village by the army. (Look at the reported deaths in Vietnam and tell me why they are zero or low? It's how the country dealt with it. (i take the numbers with a pinch of salt, because it all depends on the reporting mechanisms of each country).
4. How dense are you!

@davstock - you missed one critical fundamental that has changed. The fact that there is a new strain that is 70% more transmissable, the fact that parts of Europe have closed their borders from the UK including freight.
The new straing has taken hold of other parts of Europe (Italy, Germany, Nordic countries and as far as Australia now). Sydney has closed it's state to all other states again.
If the scientists are still trying to understand the new strain and it's impact using models and probably testing of the efficacy of the newly rolled out vaccine. the 'fundamentals' / 'variables' have most certainly changed.
As long as the public still continue to disregard measures/guidelines setout by the government and SAGE the longer the UK will see spike or wave after wave of infections and probably more mutations.

The spread of the corona virus is based on two factors.
1. How dense the population is.
2. How dense the population is.

@torn, I agree that to stop freight too is just vindictive of the French and doesn't surprise me of them. Have they taken the same stance with Germany / Italy whom also have a different strain that has proven to be more tranmissable? I don't think so becuase it would go against the 4 freedoms of the EU.

However the UK are only to blame themselves, if people had stuck to the measures/guidance by qualified scientists then the strain 'may' of not mutated to what it is now.

@slift, Good luck in your next investment. Let me know what you're into next so I can keep in contact on that chat.
right now i'm just sitting here with my popcorn reading all these anti vaxer like comments. LOL.
I get the optimism of some investers as they've seen their pot shrink, but like i've said before...if you can't keep emotions out and just want to take shots at others who are actually providing an opinion contrary to theirs with public domain data then you are not taking a pragmatic, risk manage approach to YOUR investment.
I'm sitting on the fence at the moment with TLW as i got in and out since the last spike. As the SP is still the No Man Lands! It really could go either way.
for 'ME' if the SP closes above 41p with a clear green candle then it has made a higher high according to my OWN TA. Which would mean I will look at making an entry. Until then I will sit it out and watch it continue to get rejected at the 33-35p zone. The longer that happens then 'normally' the 'probability' of it falling is considered high.

Anyway, as always DYOR.

I also use Weekly for long term view, daily and 4HR for plotting entries / exits.

I agree with all that you have posted regarding the higher highs and lows on a Daily TF. However I still stand by my post that on weekly it still has yet to make a higher high. the 3rd Dec was when the 52MA crossed over the 200MA so yes a good sign 'IF' it can continue this trend.

For me on my chart analysis, if the SP drops below 24p (0.50 of the Fib) then it's high 'Probability' the SP will retest the lows of the 2nd oct. Of course it's just my opinion, everyone has their own perspective, ideas, dogma, spin, whatever you want to call it. my only advice is DYOR.

@Dogstar, you're right that it has made a higher low in the eekly TF. However I'm not sure where you are seeing that it broke above the 200MA on the weekly TF? As it is nowhere near the 200MA on weekly.
As for my opinion on the resistance of 33.5 - 35p this has been tested and rejected on the Daily several times. For me this is a significant line of resistance as it was the previous ATL of yearr 99/00. Of course the current previous would be the lows of 6-7p. Do I think it will be retested, who knows! ATM how the chart is looking the 'probability' is low but the previous spike of June 8th was 41p+ so for me the SP would need to surpase this and close above in order for it to make a higher high.

@Torn, for me this is confirmation that the SP was rejected at the major resistance of 33.5p (range of 35p). If the candle closes as is at this price then the next day will be negative. to retest the support range of 26.5 - 28p. I see it ranging for a while between these levels.

@slift. exactly, they may all sing in unison but when it actually comes to turning off the taps some countries are just stalling and will say they will reduce further in the coming months.

Tony. You made yourself a right dwad when you assume I hold any position in TLW. especially when you think I'm shorting.
If you look at the history of my posts you'll know my position and if I'm invested or not

As i mentioned before this will keep retesting the 33.5 + and probably cross only to fall back below whilst MM are closing Longs to build up liquidity and add to their SHORTS. Just as Pictet has done.
It just does not want to hold above that major resistance line, it's tried several times now.

@scrodinger.... It's a pity that it's resulted in childish reporting behaviour and that admins agree with this by deleting posts. I see a lot of filtered messages and others replying To: CanaryW so I can only assume its CanaryW whom I have no intention of unfiltering him and engaging with.

@Torn, i dont think it's anyones business how much Slift/Kaboom have reduced their position by. The fact of the matter is that they have come to their own conclusion on whether TLW is worthwhile investment for the risk/reward. By presenting their 'OWN' Idea/opinion.
In which EVERYONE should DTOR and come to their own conclusions.

For those shouting deramper, you really need to think objectively or is that just too hard to do and not accept a difference of opinion?!

It says a lot that some users feel they need to report on posts that feel don't meet their narrative. But it also says a lot about the moderators of this BB that they agree to delete said posts. There is no impartiality.

@Slift, agree i don't see the price being sustainable. Sorry should of picked up on what you meant. But like you say who knows when it comes to the black stuff! OPEC may be in agreement but it all boils down to what each country is willing to give up in terms of market share and how soon they are willing to slowdown.

@slift, How I see it is if Brent' weekly candle closes around the $47 and above then I have a target of $54 (or just shy of it), timeline for this to happen. I don't know but I wouldn't think it would be more than a couple weeks if the candle closes as mentioned above.

@torn. I see a close in Red, which in MOST cases the next day or within the next days the wick will be filled. Thus a lower SP to 30p. You would expect a retest of the 0.38 (27p+) of the Fib now that it has borken resistance.

Positive sign in Baker Hghes SP. already invested some time back. Why? BHGE provides the software to the majority of oilers for exploration. Onboarding of oil wells is gearing up.

@scrod. 34-35p is a major resistance line. Profit taking at this level, then wait to see what pans out for tomorrows CMD. Could, IF, Possibly be a number of times being rejected at Resistance or IF things are positive cross over with rejecting the Support but who knows ( i don't) it could be another false breakout and Shorters getting what they wished for.

@slift, just use the filter.

@darkN. If you're refering to my reply to Bugsy on his understanding of Gaps closing. i just pointing out an example of how Gaps closing can take a very long time to happen, in comparison to candlestick wickes on a daily TF are much easier IMO to read patterns and have a high degree of filling a wick if the majority of the candle is in RED/Green (i.e. at least 50% of the candle).
As for my thoughts on where the SP will be by end of this week is anyones guess. If you see my reply to torn i agree with his analysis of a pullback based on the doji star/ inverted hammer of this daily candlestick. I would like to see it reject the 0.50 of the Fib to bounce off to carry on up but then it has a resistance line of the low to mid 27p as its coming up to the 0.38 Fib.
For me the biggest hurdle will be around the 34p range. As this was the previous ATL back in 99/00. Whilst some of you will say it's BS like others have said when i first posted about it. Why did SP break through the support then in June of this year cross above it only make a false breakout catching a load of PI out!
I will say it again if you're a long term holder which I'm sure most of you are. You need to really pay attention to the long TF of Weekly/Monthly. On a Daily it all looks positive, but as soon as you look at weekly the SP is still under the 52MA and far way off from the 200MA with no signs of the 52 plateauing out to start closing on the 200. So it's my 'OPINION' that TLW is definetely a hold for a long time to see any resemblance of seeing a return especially if those who bought in on a falling knife (40, 50, 80p+).

DYOR.