Long GENEL today

Nice one Paitech...

This came down right to area we were looking at!!
This had a nice bounce, but it still has a lot do...

Look out for the 20 and 50 day moving averages... this has trouble getting above them...
It shows on the chart...
uk.advfn.com/p.php?pid=chartscreenshotsh...+Ty4=&symbol=L%5EGKP

Got a feeling this will hang around that 20 day ema @ 350p area, and come back for a gap fill to around 300p .... this is where i'm looking to go long again..
I could be wrong and it may just zoom past the 20 and 50 day... if it closes above the 20 day, and stays above for a few days, it should be a sign of strentgh... and next stop would likely be the 50 day...
This is good mid term, so good luck whichever you play this...it may be wise to bank half @ 350p and wait to see what happens... jmho..

Regards,
Trendfriend.

Trendfriend,

Yes, couldnt wait till 276 p lol.. jumped before that...

Well, next months KRG will start paying oil companies based in Kurdistan... so... not sure what to do..
I invested all the 14K £ I was thinking to pay off loan...

Good luck to you too..
seems oil shorts are clossing faster and oil up 10% ...may b I will be lucky if this goes above 400p

www.reuters.com/article/2015/08/27/us-ma...dUSKCN0QW03020150827

Wanted to sell today ...went online too...got a price of 367p...chikend out n didnt selll doh

The reason for me to think to sell is the chart attached... missed..that chance... OIL down now around 8%

Fair old gap to close between circa 290 and 315…. if oil keeps falling (>10% yesterday and looking a bit skittish today) that could be sooner rather than later.

Well that's 315 hit. Will it close the gap right back to 290??