Further to my previous post, RDSB is my only holding within equities at present (have held for two weeks).
A break above 1465 will take us to £15 which is a major resistance point, however, I expect this to break upwards within a week or two - hopefully !
This is a long term hold into the summer for me with a target price in the region of £20. Obviously this...
Not 100% certain with this one, but it looks like #RDSB downtrend may be heading to 1030 area which is the 0.786 fib from the March low to the April high. Closing price Friday at 1080 appears to be a double bottom and could be a reversal signal, but I am targeting 1030 and a bounce off the 0.786 fib for a run at 1140 area and above it it goes to plan. Happy to...
Believe that Shell has a good potential of getting good returns in the long term investment game.
It is not only driven by Oil price in future as they expand into other fields.
I would say within next few years we will hit back 2000p if not more.
Let's not forget the dividend as well.
I would say a nice pf addition for diversification.
A positive 3% gain to end WK3 for RDSB hasn't really changed anything for me. WK4 needs to see a finish above the (blue) 26 period moving average to continue consolidation and point toward positive momentum. Fundamentals in oil and natural gas aren't really giving away any secrets so I'm not expecting to see any push beyond 2450 unless external forces provide a...
My use of multidiagonals suggest that we could expect a move into the £25.00 range here at RDSB, nevertheless as we approach that upper diagonal, don't be surprised if we perhaps pull back down before resuming the move.
A daily close below the lower diagonal would concern me and I would probably exit.