Oil and Gas

Victoria Oil and Gas stock (LSE:VOG) is supposed to go further southwards, following the shallow rally that has been seen in the market. The bias on the market is bearish. The market was flat in January 2017, and then it experienced a smooth bullish run in February. Between March and April, price entered a consolidation […]

UK Oil and Gas shares (LSE:UKOG) have gone northwards seriously (just as some currency pairs like EURUSD, EURJPY, GBPUSD, and GBPJPY, etc. have done). This has created a bullish outlook on the market and that is something which is expected to continue.   4 EMAs are used for this analysis and they are EMAs 10, […]

Nu-Oil and Gas shares (LSE:NUOG) are a strange market. Price has been quite choppy this year, with most candlesticks having long upper and lower shadows.   4 EMAs are used for this strategy and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown at the top left […]

Six Arab countries have severed all ties with the oil-rich state of Qatar. Saudi Arabia, Bahrain, the UAE, Libya, Egypt, and Yemen summoned their diplomats, shut down their borders, closed their airspaces, and barred further economic relations. All this comes as a retaliation to Qatar’s suggested financial backing of various Sunni extremist groups, the most […]

Petrofac shares (LSE:PFC) have crashed seriously. Price consolidated in February and March this year, and then formed a bearish signal in April, and then collapsed massively in May. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown at the […]

Hurricane Energy shares (LSE:HUR) have generated a new bearish signal. The bearish signal could become significant over time, resulting in a serious bearish trend.   The price has been going upwards since July 2017, until recently. There is a now a movement below the EMA 21, while the Williams’ % Range period 20 is in […]

Premier Oil shares (LSE:PMO) may soon experience a severe pullback, based on what is happening in the market at the moment. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown at the top left part of the chart. All […]

BP shares (NYSE:BP) are not attractive right now because the market has been quite choppy. It is better to stay aside until the market assumes a directional movement. 4 EMAs are used for this analysis, and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown at the […]

Chevron stock (LSE:CVX) is a bear market; being in a downtrend. The uptrend that was seen in November and December 2017 ended at the beginning of this year. Price has gone south this year, having broken below the lower Trendline. The RSI period 14 is below the level 40, showing the bears have upper hands […]

Exxon Mobil stock (NYSE:XOM) is an equilibrium market at the present. This equilibrium phase is February, following the massive sell-off that was witnessed in January 2017. Price is currently located within the upper and lower Trendlines, and a rise in momentum is expected any week from now, which would push price outside the Trendlines. The […]