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andmk2
Jun 5, 2019 9:14 AM

Hurricane Energy - a cup with 2 handles 

Description

A cup with 2 handles - (No Two Ronnies jokes please)
HUR looking bullish
Needs to make £s after producing its first oil to match its valuation

Risk: Brent Crude goes down to $50 because of trade war

Comment

Crude doing well but abandoning Warwick well is hurting the price. No breakout for now.

Comment

Weak, with no breakout after the handles

Comment

Never broke above 61 and now depressed by 20p more. Bulls beware.
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