henrymcivor

Cup and Handle chart for 88 Energy.

LSE:88E   88 ENERGY LIMITED ORD NPV (DI)
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My very first chart idea so be kind!!!

Can we get back to 3.5p by the end of October?

Trade active: Not very smooth, but seems to be following the handle shape.

Maybe push my 3.5p guess out to end of Novermber?

Cenkos brokers have a 6.3p target price on 88 Energy, that is sensational...
Trade active: Still following the shape.

Flat-ish for the next two weeks and then north on the anticipation of the 2D seismic results. These are due anytime!!!
Comment: Tailing off now. (sad face)
Why did you choose this Co.?
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henrymcivor RajDhall
Because I hold 1,000,000 shares. I've been buying since April.

Still a risky one but big rewards if it pays off.
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On small cap stocks I like to use volume analysis as well
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