With $USOIL falling today by roughly $1 per barrel, oil giants stalled out on their respective correction path, but this opens a solid buy window before capitalizing on the inevitable corrections. Shell ideally represents a swing-trade with a sell point near 28/share; while it currently is available at 19.6/share. The oil giants are beginning to correct, but that...
Short Term: Short (dont do it)
Long Term: Long
Key Level (Long Signal): 10,37 Euro
1. Target: 14,20 Euro
2. Target: 15,69 Euro
3. Target: 16,64 Euro
Big Target: 31,13 Euro (in a few Years)
10,37 --> 31,13 203 % Profit
Royal Dutch Shell (L:RDSa) and Eni (MI:ENI) Technical Analysis
Both Shell and ENI have the same price movement and both seems ready to go up.
Just wait the right signal to buy.
The same Technical analysis principle can be applied to:
BP (L:BP) and,
Spain's Repsol (MC:REP)
Following the turmoil with oil prices falling globally as demand for oil weakens, I am planning on purchasing shares in certain oil firms. One of these firms include Royal Dutch Shell (RDS.A). As oil prices are dwindling down, I would expect the earnings report released towards the end of April to be terrible news for the firm. Thus, I would ideally...
Not going to say nows the best time to buy - its probably not - but I'm willing to bet my left almond shares will be trading around $20 in a year or two.
Seems like an extremely safe yearish long buy and hold. Fun to let things build slow sometimes anyways.
Position size accordingly, look for dips to load up .
RSDA looks like a short term short, but a mid and long term long.
Shell still has a lot of room to grow based on the 0.618 Fibonacci resistance, it obviously dropped way harder than the average AMS and NYSE stock markets because of the super low oil prices (Aramco (SA) + Russia struggle). However, short term I would not go long at this price yet, and rather wait...
We can see that Shell is showing a descending triangle after a cup and handle pattern. We can see that the chart is searching for the support level. This in combination with the strong growth of Shell on a short term makes me think the price will be dropping for a couple of days soon.
Questions for Richard at $QALB
Just want to know how much is left to dilute. All those after hour trades are dilution. I figure if 1.7 million is the new float how much more of the 800-900k does he have left to go.
- There will be some stock added to the system in coming months in a orderly fashion. Proceeds will be used to fund up coming market awareness...