PLUS1
Oil and Gas
Annual Forecast for BP (2022)
Jun 21 2022 @ 06:06
BP shares (LSE:BP.) have dropped like a stone, effectively putting an end to the recent bullish movement that was in the market. The bullish movement, which was seen from January 2022 to May the same year, has been put to an end effectively. Price precipitously like a stone and went below the EMA 21, closing […]
Investing in Crude Oil in India
May 20 2022 @ 04:12
Oil prices have made headlines since the Russia-Ukraine War. Russia’s oil production declined in April. Oil prices have risen significantly since the start of the war. Economic sanctions on Russian oil and tighter supply have led to soaring oil prices. Amid the potential shutdown of Russian oil, OPEC has not agreed to raise production to […]
USoil Reaches an Overbought Region, May Face Rejection at $85.39
Jan 17 2022 @ 02:41
Key Resistance Levels: $80.00, $84.00, $88.00 Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: Bullish USOIL has been in an uptrend but it may face rejection at $85.39. The index is retesting the previous high of $85.39. In previous price action in October and November, the bulls failed to break above the overhead resistance. Meanwhile, on December […]
Usoil Reaches an Overbought Region, May Face Rejection at $85.39
Jan 17 2022 @ 01:29
Key Resistance Levels: $80.00, $84.00, $88.00 Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: Bullish USOIL has been in an uptrend but it may face rejection at $85.39. The index is retesting the previous high of $85.39. In previous price action in October and November, the bulls failed to break above the overhead resistance. Meanwhile, on December […]
Touchstone Exploration price: Could this be an opportunity to buy TXP cheaper?
Dec 07 2021 @ 00:48
Touchstone Exploration Inc. shares (LSE:TXP) has just experienced a pullback amid some bullish effort. The bullishness started in September 2021, ending the trendless period that preceded it. The RSI period 14 is currently below the level 40, which means a “sell” signal. However, price itself remains between the upper and lower Trendlines. If price goes […]
Commodities have taken top spot as Natural Gas and Gold dominate retail investment interest this week
Nov 18 2021 @ 03:49
Commodity markets proved popular with retail traders this week so far on the European trading and investing platform, Capital.com. According to data provided by Capital.com, the number of traders trading derivatives on Natural Gas markets has increased by 35% so far this quarter. Investors have also placed larger trades in the popular commodity with the […]
Angus Energy price: ANGS makes a nice bullish effort against all odds
Oct 24 2021 @ 18:25
Angus Energy Plc shares (LSE:ANGS) are essentially bullish, against all odds. Price has been making serious effort to stay above the EMA 21 for the most part of this year, although that effort did not yield any positive results in August 2021. The market has managed to go above the EMA 21, and there is […]
Union Jack Oil price: UJO to crash further
Sep 24 2021 @ 16:34
Union Jack Oil Plc shares (LSE:UJO) are currently in a maniacal downtrend. There was a perceived ranging movement in April and May 2012, which ended in the following month of June, as a bearish run sets in. There were desperate bullish attempts in June and July, but further northwards movements were rejected at a recalcitrant […]
Annual forecast for Premier African Minerals Limited (2021)
Jul 10 2021 @ 11:59
Premier African Minerals Limited shares (LSE:PREM) are currently not bullish or bearish. There has been a long-term ranging movement in the market, which has started since April 2021, and which followed those maniacal up and down swings in the months of March. Price is currently trapped within the upper and lower Trendlines, and a break […]
Annual forecast for Exxon Mobil (2021)
May 29 2021 @ 10:03
Exxon Mobil stock (NYSE:XOM) might resume its bullish trend after the current equilibrium movement in the market. Price went strongly upwards from December 2020, to March 2021, and then began to move sideways (equilibrium movement). That is supposed to end soon. The market is now below the EMA 21, but it would soon go above […]
