But today looked like game over for this run up. Market needed to digest all those surge in the last week or so before any further upside.
Let price settle down a bit first before taking or adding positions
Let price settle down a bit first before taking or adding positions
Sgvale ( Date: 17-Apr-2018 10:03) Posted:
|
I jeep already. I believe oil & gas is in midst of recovery. Worst already over with economy gaining traction.
Looking good 0.154 tgt
Go go, up to 23 cents... dyodd
How you know??
WL123456 ( Date: 16-Apr-2018 16:53) Posted:
|
Anyway just to update , there should be a announcement on contracts incoming from Saudi Aramco and Total E & P Qatar . Good news for mermaid.
Everyday it goes up by a bit . The chart so nice . Waiting for it to blossom .
fatpanda ( Date: 16-Apr-2018 16:43) Posted:
|
Thanks dude !
SgYuan ( Date: 16-Apr-2018 10:19) Posted:
|
Maybe it is about time to take profit...
EW 123 w1 131 w2 124 w3 145 w4?137 w5?152
w1 123 to 131 delta 8         
w2 131 to 124 delta 7 px 124 dn 85 %
w3 124 to 145 delta 21 px 145 up 260 %
- w3 very strong! up 260%
w4 145 to 137 delta 8 tgt 137 dn 38.2 %
- see how much it correct to.
w5 137 to 152 delta 15 tgt 152 up 50 %
- this delta is (w1+w3)*50% due to strong w3.
 
w1 123 to 131 delta 8         
w2 131 to 124 delta 7 px 124 dn 85 %
w3 124 to 145 delta 21 px 145 up 260 %
- w3 very strong! up 260%
w4 145 to 137 delta 8 tgt 137 dn 38.2 %
- see how much it correct to.
w5 137 to 152 delta 15 tgt 152 up 50 %
- this delta is (w1+w3)*50% due to strong w3.
 
Brent hitting $72 now , Back to up trend after profit taking . Should maintain well above $70. Let?s see if Saudi can keep their words and push for $80. Good news for mermaid as Saudi Aramco is mermaids main client . Definitely a lot of new projects for mermaid at that price .
Another day of testing 14.5 resistance but going strong.
Swimming very strong today .
Maller ( Date: 14-Apr-2018 12:52) Posted:
|
Next week uptrend...?
Closed higher than yesterday again . Today?s close signify bullishness .
I guess the intention is to test who is the other counter party
WL123456 ( Date: 13-Apr-2018 16:11) Posted:
|
Brent now Heading towards usd$73.00. Now trading on ICE @ $72.67.
It?s a waste of time imho. They don?t really work.
LongNobley ( Date: 13-Apr-2018 12:12) Posted:
|
Brent update : Brent just retake key $72. Oil Traders in mood to take it past $75 on ME tensions in Syria and Iran . Russia to cut productions again .
Today like no power after hitting high of 14.4. Should be seeing it go below 14 again and finding a footing at 13+ into next week