88 Energy (USA: $EEENF) Looking To Bloom In 2022 🌷88 Energy Limited engages in the exploration of oil and gas properties in the United States. The company holds a 59% working interest in the Icewine project, which covers an area of approximately 231,000 acres located in North Slope of Alaska, the United States. It also holds a 100% working interest in the Yukon Gold leases covering an area of approximately 15,235 acres located on the eastern border of the Central North Slope of Alaska. In addition, the company has a 50% working interest in Peregrine project covering an area of approximately 195,373 acres located in the NPR-A region of the North Slope of Alaska. The company was formerly known as Tangiers Petroleum Limited and changed its name to 88 Energy Limited in February 2015. 88 Energy Limited was incorporated in 1996 and is based in Subiaco, Australia.
88energy
RSI break out / T-line bullish crossing 20ma soonAs seen on chart I'm very bullish in the momentum rise to come here till late Feb when drill happens.
88E always been a great trading company ahead of drills in the past & will be repeating very soon once permit lands next week or so.
T-line crossing 20ma = bullish
Bounced off big support as previous resistance level.
Chart looks primed & not much downside for a while.
1.5p best target price but it all depends on momentum.