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OILEX LD ORD NPV, GREATLAND GOLD PLC ORD 0.1P, LLOYDS BANKING GROUP PLC ORD 10P, UK OIL & GAS PLC ORD 0.01P, VAST RESOURCES PLC ORD 0.1P, VODAFONE GROUP PLC ORD USD0.20 20/21
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Sirius petroleum has recently responded well resulting in steady price movement, okay patterns which are realitivey intuative and moving averages which are positively alligned.
A combination of new highs, followed by a noticeable near term ceiling at 1.30 and a good trend line supported by high lows (even if they are not pretty).
This presents a crunch which may ...
Very clear cup/handle with handle consolidation almost complete.
I like in particular the flattening RSI & if you scale back the full parabola is pretty amazing.
I think we will find a lot of buyers around 0.97 & very sharp upward move will follow.
good confirmation for a move higher!
lookout for the pattern break
A few attempts to break beyond 1.03/1.04 stretching up to 1.10 on an Intraday basis. Seems to be just a matter of time.
Strong price action today.
Some significant upside here depending on where the parabola completes. Break 1.03 and the door opens to the 2.37 and 3.71 Fib extensions.
Potential cup and handle in play
First target 1.5p completes the handle then breakout extension to 2.9p
Take a look at this on daily if weekly view. Following a perfect parabola (UP).
There will be a big breakout at some point.
Nice bowl forming around the 20MA weekly support line. Has spiked but looks good value here & ought to trend back to complete the outline of the bowl.
took some stock today after the placing at .75p, with news expected and clear catalyst i can see this testing highs of 1.5-1.6p...
long to 70p
chart and big buys also news pending