Re: RNS Adjusting the AT trading system a little bit according to the latest tradesignal-online.com opinion:- New bearish alert only IF 1.80p are breached- Then retrace to 1.40-1.10p- Bullish trend only if the massive 2.40 is climbed.Have a good week everyone!!
Re: RNS Point for you, badwetter!But now also remember that a share price (AIM) is based on peoples opinions. Think about it.While this is not money making yet, we are not trading at the former 0.30p level. Although 88e is not generating a single Dollar...And another aspect: Why did the Sp crash from the newly gained and well established 4p level back to 3.30p and even 1.60p in July?? So Ridiculous! Did it crash because of some real bad news?No.Merely because of peoples opinion and interpretation of the company RNS.I think this could happen again. Have a good weekend - and happy regards from Tenerife!!
Re: RNS If you get that price it means some really bad news has arrived why would you buy into them off the back of that, you could be waiting a long time to make money on the reversal it makes no sense.
Re: RNS Well said, Ohhthatscheap!! Just ignore some of the idio ts here. If some want betting, its up to them. I prefer a proper business-trading strategy.(Please excuse me if at the moment I am waiting for a further drop. Quite nice -6% today : ))
Re: RNS I have no idea what you are on about. Know it all??? What the hekk are you on about now!!?? This is my daily business for a living. Please allow me to use charts to receive at least 70-90% sure thing map and thus strategy.My lot sold automatically on Monday, a long time ago. The last rise, as said, has not been sustained. It needs three trading sessions above 2.50p. We did not see that.Eversince Monday I am happily on the side and now waiting foe my 1.40p again - ha ha!(If that level reached, it will be quite a slap into your face, badwetter -----Monday night 12 AM"...it looks like my second opinion written to that friend on this bb has proven to be worthwhile... At the same time I am happy to have ignored the newshype of the past four weeks. Or some bad mood side comments from you, badwetter.All news totally worthless, as long as the trading patterns show that 88energy insiders are not piling in. The chart has shown a mid term target to the mentioned 1.40 and 1.10p targets." Rome
Re: RNS Never mind - everyone to their own system.As long as it makes a real profit for each one it doesn't matter which one works.I have my own system, so does my son, so does my Dad.
rRomeo29 Make no mistake this will plummet if news is bad but let's have a wager it doesn't touch those levels without bad news??????"All news totally worthless, as long as the trading patterns show that 88energy insiders are not piling in.The chart has shown a mid term target to the mentioned 1.40 and 1.10p target"
Re: RNS A DS share you can't make money on Mr know it all hahahaha.
Re: RNS Hahahaha might of known you'd post saying you've not lost a penny but fees days later after watching the sp perform, nothing but hindsight specialists mate pure and simple, I noticed you didn't give me a price on where this is heading, I'm haply with the amount I have in to leave for an all or nothing gamble. I don't claim to be psychic with a chart for a speculative oil stock that moves off the back of news, remind me again why this dropped after you bought????? I'll give you a clue its 3 letters and begins with r.
Re: RNS ------"...read charts and make money jumping on the gravy train of less speculative companies but the likes of 88e was sat at 2p for months before the news started to flow and make the sp move." badwetterWhere did the share price move to then?? We are at 2p, right?The last "move" was merely smalltraders hype. Noone of my (pro) daytrade fellows published a valid, long term bullish chart signal for this share.About charts: I use charts on a variety of AIM shares. 90% of the shares have performed in the expected way. If it was XEL in the old times or Rockhopper and all that PI boll oks like Gulf Keystone... The same for 88energy which had a bearish flag on tradesignal-online since June 2017, pointing to a drop to at least 1.40-1.60p.Ehhm, the other morning, after your magic company news, this share dropped to 1.65p intraday. So one can say charts give a very good roadmap. Maybe not 100% waterproof, but at east 70-90% sure. Thats all I need for my fulltime job. (And what do you do for a living??)Very very glad to hold a map that tells me when to get in, and when to jump. Sometimes paying a 30% higher price as you mentioned? Thats okay for me, badwetter )
Re: RNS ...and 2p again.Looks like the smalltrader hype was a bit silly.Badwetter, currently I hold no 88e shares. Not sure what you are on about.The last rise was merely smalltraders hype who interpreted news in their own way, while the trading patterns did not show a new, longterm uptrend (the Sp has not been maintained above the newly gained support line - thus invalid chart signal.Instead of holding on (like some of your superstars who bought below 2p I am just a short term holder. My former trade has been stopped as from 2.50p when breached. No worries whatsoever! A few trading fees, thats it.Better than holding on to a dogsh itt share as you do, bedwetterAs soon as there is a new bullish chart alert, I shall be back on board and hold hands with you )
Re: Aberdeenman Marksman51, notice how I haven't had a clear answer from rRomeo29 yet and won't do until the news comes out positive or negative and will get told a smug hindsight told you so post like always. You are bang in the money mate, its a gamble 88e with better odds, the fact that they found oil with the original well icewine1, its just a matter of getting flow rates deemed commercia.
Re: RNS rRomeo23 "All news totally worthless, as long as the trading patterns show that 88energy insiders are not piling in.The chart has shown a mid term target to the mentioned 1.40 and 1.10p targets"When is this happening? The only reason it dipped or will go to them levels is on negative or bad news, nothing but a hindsight specialist pal. You still in???
Re: Aberdeenman Yes bedwetter. I occasionally dabble in the likes of 88e as a flutter not investment.The reason is there are at least 30 little resources companies listed in LSE who have keen followers and supporters mainly believing the shares will go up massively soon and get them rich in doubly quick time.It often doesn't happen. These shares will flicker everynow and then with no sustained rise over time. Great for day traders or short term traders, not for long term holders. Just look at these shares AFC AMC JLP AAU ?..etc. The list goes on and on.I reckon one in twenty makes it. Not very good odds for my liking. I regularly post in the ACTA board. Many people there like these little resources cos and mention them. Thus, and only occasionally, I dip my toes in one of these companies with minimum amount of ££. Just for fun not for gains or investments. I did dabble in 88e for this reason a few months ago and got "bored" so exited pdq. LolIf you are a good trader you can make some mint out of these shares. That's usually not me. If you're a well diversified investor then why not. Indeed. Enjoy the ride.Good luck. Dr M
Re: Aberdeenman I get you can read charts and make money jumping on the gravy train of less speculative companies but the likes of 88e was sat at 2p for months before the news started to flow and make the sp move.