vcm11
Long

Broke above down trend line - above 0.386 fibs - target 7.74p

LSE:UOG   UNITED OIL & GAS PLC ORD GBP0.01
Trend line broken
It held above the 0.5 fibs and now above 0.386
ascending CCI and broken above last RSI resistance
my 1st target is 7.74p where I will slice or sell all depending on news.

Oil             price is at great level at moment.
Trade active: we got some resistance at moment with the 50ma but once that is broken then sky's the limit!
Trade active: the top up area I think is long gone as I think the chart setup it is taking it further. Happy with my holding anyway!!
MartinFilm 2018

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