vcm11

RSI ascending trend - Double bottom - 200ma & 50% fibs touch

Long
LSE:UOG   UNITED OIL & GAS PLC ORD GBP0.00001
Strong support at 4.20p below last placing price.
200ma, 50%fibs, RSI ascending trend and placing price all a big factor for a bounce.

We should hold this level but if wrong then 61.8% is a possibility, I would doubledown if so.

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