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Honestly think we have just good bye to the 4's imvho!
Eee - daily chart
http://uk.advfn.com/p.php?pid=chartscreenshotshow&u=/U5prBUOCSEneMzOQoFv0feFeBgli+bwYFYciL4xyA0=
This is currently consolidating and inside the rising broadening triangle.
Expect a steady rally here now and possible test of 6p. The technical setup is positive with higher highs and higher lows.
The really strong breakout rally happens when we see a break above the channel... and clear 6p imvho..
Stay lucky folks...atb,
Purely from a technical perspective. Following on from the chart posted previously with the bull flag formation and breakout. See no reason for this to be held back.
Expecting a strong move north. Imvho.
Let’s see.. good luck all.
Atb.. dyor.
Trendfriend.
Did a cheeky small top up at ahem....5p! lol
Looks to be holding around the 5p area well today. Previously we saw a spike and retreat...
This time its looks a look more steady around this area...
Https://uk.advfn.com/p.php?pid=chartscreenshotshow&u=oP9+Qa/YOar+wZv/YrTGIGGMJlGAJzKA2WPMmHQyank=
We've had a nice consolidation and the price held above 4p nicely.
On the chart it also looks a bull flag type of formation with possible breakout looking its just about to happen.
Strong buying support around the 4p area.
A break above 5.30p should provide the momentum trigger for this really motor higher quickly imvho..
Lets see...looks good imvho....hope folks are locked and loaded!
* If you cant' beat them...join them!!
lool
Something was going on this morning!
Does look like fun and games by MM's imvho...
best thing to do is join in when you see that!....so i did and bought a few more! lol
If you can't best them...join them!!
Just another quick point...
Always a good sign when a stock respects charts technical's...this looks super to me imvho.
the way we had the pull back and rallied back!
EEE - daily chart
http://uk.advfn.com/p.php?pid=chartscreenshotshow&u=bVu7yJ4Y6AlGdffuGSeBiL568d0tsE4E2kKloWnlHRY%3D
The main channel(blue channel) and triangle resistance (red line) level was 4p here.
We had a nice breakout from that price resistance level last week. Yesterdays drop was a perfect retest of that 4p level.
Strong support there now.
I was initially looking at 6p target here if 4p is broken above but this looks very strong and i think it could go substantially higher imvho.
lets see.... 6p the next price target while above the key 4p support/resistance level.
http://www.investorschronicle.co.uk/news/2022/11/02/hurricane-energy-formally-starts-sale-process/#:~:text=Hurricane%20said%20this%20would%20likely,estimate%20of%20%2490%20a%20barrel.
i make the divi amount over 3 years..... just under 10p per share....
Any ideas here?
Realistically what could we expect to be the price?
Thanks in advance all....
http://uk.advfn.com/p.php?pid=chartscreenshotshow&u=jjg60MIG2Vbmknraxl2mFaPARIaXU2dKkq8D5uYcZhU%3D
Solid rally so far.....the key technical level to break above is .59p
If we get a nice break above .59p the target is .1.55p and possibly as high as 2p.
Good luck all.....lets see.
http://uk.advfn.com/p.php?pid=chartscreenshotshow&u=z1A8+v5dMi0zWu8QCU4eRfmGhj2wXBRJCXhJXRO/Va0=
looks a very positive setup on the charts currently imvho...
higher high always a key sign as well the rsi holding above 50 level....many other signs which i won't bore you all with...but the chart technical's looks super duper imvho...
we have plenty Cash coming in now and with no debt to service anymore!
Maybe the board could do some divi's possibly just a small one for now and some share buybacks to bolster the share price.
All while keeping enough in the bank for the new plans?
just a thought....
Hmmm....wouldn't rule it out....its funny old world we live in!
The chart is showing a potential target as high 9.60p area in the coming days/weeks...so a short term target basically.
If this can get its head above 5.40p it should motor up pretty quickly to that area around 10p imvho....very little resistance between those levels.
This needs to hold above 3.50p on eod closing basis for that upside technical target to remain active...
So while above 3.50p look fro a break above 5.40p which opens up 9.60p .
just a little heads up....will post a chart if its of interest.
stay lucky folks.
Who bought the dip?
Blue close coming up!
When you think it should go up.....it goes down!
When you think its going down......It goes up!
yep...moving up quickly now..