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Breakout from long term symmetrical triangle. First target 4.30. Second target 5.80p. Thoughts welcome.
Bullish wedge set up. MACD about to cross. RSI looking strong. Bearish momentum has peaked and is heading back to zero. Thoughts welcome?
No technical analysis or price predictions. Flow rates to be tested late June/Early July from the Icewine II production test well. The company is targeting 100-150 Barrels per day. Managing Director of 88 Energy Limited, Dave Wall commented: “The spud of Icewine#2 represents another milestone for the Company and its shareholders and we now look forward to a ...
Extremely similar break above the 50DMA and backtest to the Jul-Sept 16 period where the price doubled. Exciting news period for the company approaching.
Broken and retested 2.80p which is the 50% retracement level. This looks like a new support level now & crucially brings the upper half of this chart into play.
This now appears to have fully broken above the 50% Fib line which I consider a real pivot level on this chart. Price seems to have pulled back and retested it as support successfully bringing the top half of the chart into play. I'd like to see a comprehensive break above 3p to bring my first target of 3.8p into play. 161.8% Fib extension looks a very nice ...
Potential bull pennant play Break out extension target of 7p which is also the 161 fib extension
looks a good trade from here
Targeting 5p to 5.5p - 200DMA looking to be support for now - Perhaps re consider if this fails on a daily close. Next well spud in coming months could be the catalyst for a move north
Some basic indicators on 88e on the London AIM today. Moving towards Icewine II drill in late Q1 will no doubt cause a lot of excitement for long term holders of this company. Any surprise news before then could possibly send the SP nicely north.
Opec decision, conventional survey results and forthcoming Icewine 2 spud should all be worthy catalysts to create some positive upside short term here.LSE:88E
Possible cup & handle consolidation pattern broken. Looking for the price to move back towards the neckline at around 3.5p as a first target.
My very first chart idea so be kind!!! Can we get back to 3.5p by the end of October?
Bounce from Upper Value area. Would expect a move back to value to test the VPOC at 1.93p
LSE:88E
