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LLOYDS BANKING GROUP PLC ORD 10P, FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (DI), POWERHOUSE ENERGY GROUP PLC ORD 0.5P, UK OIL & GAS PLC ORD 0.01P, VODAFONE GROUP PLC ORD USD0.20 20/21, UNION JACK OIL PLC ORD 0.025P
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Price has pulled back to this daily resistance after breaking this trendline. I see a sell opportunity to 2020.00
Both of these companies are in a bull trend and looking to test the most recent value area. If the OPEC deal stays in tact, we may see a move higher to test the highs or maybe even move to a new distribution higher up. One thing you may notice is the difference in the retracement phase between the two. BP's correction seems to be much deeper and the next support ...
A move toward the value area
If OPEC reach a deal we could hit value
This Co. has has a interesting time in recent months, the will they wont they OPEC saga has made energy based shares volatile. The most recent rhetoric from today has been from Saudi Arabia who stated that they considered scrapping output cuts if Iran refuse to join in. Last week API and DOE crude oil inventories reported a large build which doesn't bode well for ...
Oil based move.