yep market screener should be used as a reference not as gospel
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yep market screener should be used as a reference not as gospel
could be forming a lower low needs to go above 6 i reckon to confirm. some analysts say the drop was too large a reaction to the downgrade so i guess there is possibilty of a short term bounce. results next time will be key to price. as ive already stated in the long term its a business in structural decline but will pay nice divs in the short term.
Thanks bull. Even 6 would be good from 5.4 . 10% ish trade.
confirmation of the bullish gartley has been obtained over last couple of days trading. I was busy last week travelling and socialising so could have posted this earlier
Attachment 10260
I'd say first target 6.00 given 5.89 is so close now , with 2nd target 6.85
5.15 obvious failure point. or if very risk adverse 5.35 but obviously a higher chance of failure.
Trade at your own risk
Discl no position taken yet
Is that your mates from The Mt Vic tunnel bowling club w69 ? i love tooting in there ; hope it doesn't put them off.Tell them where to buy their pies , drinks and various octanes from and we will all be winners:t_up:
if z was to maintain there stated 50 - 55c div payout for the yr that woyuld imply a div of maybe 40c in may? seems massive to me but you never know with oil companies. i see some anaalyst are saying 46 - 50c still be 35c ? as a guess if 12c already paid. just guessing out loud. yoda might get 10% + a massive div ? lol would be smiling this yr. still ever present in my mind is the structural decline in the long term though
That bullish gartley surely was a good signal eh peat
All good from here ....vomr 600 then 685