vcm11

BOUNCE OFF 20ma & 50ma - Golden cross - 1st target 7.75p

Long
vcm11 Updated   
LSE:UOG   UNITED OIL & GAS PLC ORD GBP0.00001
Golden cross 20ma - 50ma and a higher high & higher low set.
Trend reversed.
Very bullish.
Comment:
Incorrect on golden cross as that is a 50ma crossing the 200ma.
we are having a crossover 20ma with the 50ma which will signall a bullish trend short term.
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