BUY BUY TARGET 30PSimple fib retracement with bullish RSI divergence providing confluence.
Looking to target 30p for a circa 36% gain.
Good luck
Tullow
I don't recognise you!I'm lost on tullow. How did it even get the funding it got with current sp of poo?
Tullow to the topTullow is looking good for a retest of the 0.236 fib level. MACD is looking like it's in decent shape and the RSI still has legs.
From a geopolitical standpoint Tullow's operations are a long way from the sabre rattling in easter Euope so this bodes well also.
Target is 65.75 GBX.
If we clear that then and resistance acts as support the next target is 78.65 GBX.
Good luck!
TLW to play the upcoming Energy Crisisthis is just a trading idea I had for a small-cap company that should perform well under a strong oil rally in 2022. Short 6mo hold, not as exciting as crypto, but a good trade nonetheless.
Once 4p broken target 6.5p slice LT - 10p+ SWING TRADEQuite a similar setup to EML which I'm heavily invested as well.
placing was done at 3p so cashed up with several assets to head into 2020 with 2 of them being producing assets.
Very bullish in this company with BoD having skin-in-the-game Ex-Tullow Oil people.
Aiming for 6.5p for a slice but long term this company is set to embark in becoming a mid-cap company.
watch this space!!!
Accumulating at lows!!
HUGE REWARD POTENTIAL ON TULLOW OIL STOCKIf you take a look at this daily chart of TULLOW OIL, you can clearly see some big potential for a move higher.
I personally entered as shown on the chart because my analysis is showing a beautiful lowrisk setup, its a very tight stop, you might aswell give it a little bit more of breathing room, but the reward is very tasty.
I think if OIL prices start to go higher, we will also see a decent rally on this stock.
Please use wise money management.
All the best and blessings to you all.
