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First target price of 40p on flow rate results due any day now.
Watch trend break and slip through the Ichimoku Cloud
Uptrend with bull flag forming.
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 ...
Price target for Brent crude oil.
Plutus Powergen, good interview on Vox Markets Podcast. Cup and handle formation. Back up to the 3p level over the next few weeks?
Support line using pitchfork. Brent price. Any news regarding Saudi float etc will effect this.
I've taken the support and resistance lines from the pitchfork angels.
See if the price continues on an uptrend within the blue price band.
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.
My very first chart idea so be kind!!!
Can we get back to 3.5p by the end of October?