Should bounce now at 61.8% retracement 14.50p Share price at 61.8% Fibonacci Retracement, most times is when it bounces back as is considered as the “golden ratioâ€. What Do Fibonacci Retracement Levels Tell You? Fibonacci retracements can be used to place entry orders, determine stop loss levels, or set price targets. For example, a trader may see a stock moving higher. After a move up it retraces to the 61.8%% level, and then starts to bounce again. Since the bounce occurred at a Fibonacci level, and the longer trend is up, the trader decides to buy. chart with Fibo [link]
Frontera Public Statement [link]
BARC Comp - S17 W19 - Closes SUNDAY 9PM Tactical? Me!
BARC Comp - S17 W19 - Closes SUNDAY 9PM Have a dandy week All
BARC Comp - S17 W19 - Closes SUNDAY 9PM Your guess for next FRIDAYS UT closing price in numerical order. LOWEST at the top, please. All new entrants welcome! - Usual deadline for Comp entries, about 9.00 PM on SUNDAY. Thanks & GLA! 171.89 mcn2000 172.55 soi 173.00 Sir Buns-up Knealing 174.04 Eadwig 174.77 jackdawsson 176.20 donnydaws 177.10 Ole Devil 177.51 Lady Jennifer 178.00 Regardless the natural born WINNER 178.49 frog in a tree 180.00 lol88 181.00 Gold or Silver
BARC Comp - S17 W19 - Closes SUNDAY 9PM Interesting entry point and time there oh satanic one… 176.20 donnydaws 177.10 Ole Devil 177.51 Lady Jennifer It doesn’t look the least bit tactical…
BARC Comp - S17 W19 - Closes SUNDAY 9PM Your guess for next FRIDAYS UT closing price in numerical order. LOWEST at the top, please. All new entrants welcome! - Usual deadline for Comp entries, about 9.00 PM on SUNDAY. Thanks & GLA! 171.89 mcn2000 172.55 soi 173.00 Sir Buns-up Knealing 174.04 Eadwig 174.77 jackdawsson 176.20 donnydaws 177.10 Ole Devil 177.51 Lady Jennifer 178.00 Regardless the natural born WINNER 178.49 frog in a tree 180.00 lol88
Frontera Public Statement Thanks to ivy from the LSE, folks thought us Frontera investors were crazy conspiracy theorists but there you have it… [link]
BARC Comp - S17 W19 - Closes SUNDAY 9PM Your guess for next FRIDAYS UT closing price in numerical order. LOWEST at the top, please. All new entrants welcome! - Usual deadline for Comp entries, about 9.00 PM on SUNDAY. Thanks & GLA! 171.89 mcn2000 172.55 soi 173.00 Sir Buns-up Knealing 174.04 Eadwig 174.77 jackdawsson 176.20 donnydaws 177.51 Lady Jennifer 178.00 Regardless the natural born WINNER 178.49 frog in a tree 180.00 lol88
Lancaster/Halifax drilling 2020 ash6666: I would happily have sold @ 30p (presumably to optimists) and then bought them all back @ 15p (from pessimists) But you would have been trading on the backs of greedy and frightened (i.e. emotionally driven) punters. You can feel proud that your conscience would not let you exploit these vulnerable people. Traders can only profit from somebody else’s losses and when the time comes, St Peter would have noted that all your lovely winnings would have inevitably been extracted from unhappy Flosers
Lancaster/Halifax drilling 2020 Yes, Flossy, you are, of course, correct. But I would happily have sold @ 30p and then bought them all back @ash6666 15p.
In the Media It’s quite interesting that EUA added the link to a ‘Proactive Investors’ article while their shares are suspended, the article was published 13/02/20: [link]
Lancaster/Halifax drilling 2020 ash6666: At least they have a plan That’s a bit grudging! They have always had plans and more importantly, they are being successfully carried out. The SP does not reflect the success of the company in actually producing oil from what the rest of the industry would said was barren basement. It is hard to tell if the people who sold have called it right or those of us who believe that the SP does not reflect the true worth of this company. As far as I am aware, HUR as a producer is worth many times more than HUR when it had merely an ambitious plan to tap the basement rocks, but the SP is showing the reverse picture: compared to those heady days of `pie in the sky’ dreams when the SP soared, now we are producing, the SP has soured. It is quite iFlogical
BARC Comp - S17 W19 - Closes SUNDAY 9PM 171.89 mcn2000 172.55 soi 173.00 Sir Buns-up Knealing 174.04 Eadwig 174.77 jackdawsson 176.20 donnydaws 178.00 Regardless the natural born WINNER 178.49 frog in a tree 180.00 lol88
Sirius GOING GOING GONE. Rescue deal is dead as previously reported Consortium walks away. Talks between Sirius and a group of financial investors to secure an alternative rescue deal have fallen through. This would have kept it listed on the stock market – but would also have involved plenty of risks further down the line, because the company would have needed to raise money several more times. Any hopes of this deal coming through have now been completely dashed. In a statement to the stock market, Sirius said the consortium walked away when it failed to secure support for the alternative deal from any major institutional investors.
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