Oil and Gas

A Golden Cross has just occurred on Caspian Sunrise stock (LSE:CASP), and that could be the beginning of a long-term bullish journey as price goes further upwards. 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 […]

Gulf Keystone shares (LSE:GKP) have plunged again, after the recent bullish effort was terminated around the supply level at 130.00. Until September 2017, the market was in perpetual downtrend; but it shot upwards significantly, almost reaching the supply level at 130.00 before further upwards movement was rejected. The market has assumed a smooth bearish run […]

Gulf Keystone stock (LSE:GKP) has been making serious bullish efforts in recent times, especially since August 2017. The bullish journey has already started. The ADX period 14 is above the level 50, suggesting a very strong momentum in the market. The DM+ is above the DM-, meaning that bulls are currently reigning. The MACD default […]

Plexus Holdings shares (LSE:POS) are an ugly market, and it is better to stay away from it until there is a clear directional signal. The market trended downwards until March 2017, and since then, it has been caught in a very frustrating equilibrium phase, which has continued until now. The EMA 21 has become flat […]

Empyrean shares (LSE:EME) have been consolidating to the downside since July. This follows the strong bullish rise that was witnessed in June. Before that, the market was in a tight equilibrium phase. The price is now almost below the EMA 21, while the Williams’ % Range period 20 is in the oversold region. When price […]

Gulf Keystone shares (LSE:GKP) are a bearish market, which has been going downwards since last year. There seems to be no end in sight for the bearish journey, but something interesting is currently happening. Following the recent bearishness in the market, there is an upward bounce, which has moved price from below the lower Trendline, […]

Entu UK shares (LSE:ENTU) are currently making bears to smile. This is a bear market, which has become bearish since June 2017, following the tight volatility that was seen in the preceding months. The EMA 21 is sloping downwards, while price stays below it. Also, the Williams’ % Range period 20 has long been in […]

Ascent Resources stock (LSE:AST) is now a “buy.” The indication in the market has revealed the bull’s intent in pushing price northwards. Price has already gone above the upper Trendline and the RSI period 14 is now into the level 70. That reveals a strong buying pressure in the market. While there might be temporary […]

San Leon stock (LSE:SLE) has been going bearish, and it is supposed to remain bearish for a long time. The current spike in the market should be ignored. In the months of January, February and March, the market was caught in a thigh consolidation, but that has changed. Price went below the lower Trendline in […]

Amerisur Resoruces shares (LSE:AMER) are currently a bear market. The bearish movement is very strong and it is expected to continue. 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 […]