Premier - PMO

Bought in at 105p ,10k£

pmo - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...CF6kAaqAo+SZKvbxUMw=

this looks like its fallen below its rising trend channel...and closed below the 200 day ema line...at 108p

while below that 108p on a eod closing basis...i think 80p is possible imvho...

atb, wdik, dyor,
trendfriend

that's a very odd trendline you've drawn there trend by any measure!

Out for a small loss

pmo -daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...QvWZwWjJzqQ/9W+koAs=

Quick look at some stocks we have been following...

This is really struggling at the 200 day ema line atm...so its building the power to go one way or another....seeing as its spent around 2 weeks hanging around below the 200 day ema line...its highly likely to be a down move than up imvho...

atb, wdik, dyor,
trendfriend

Premier Oil (PMO)
weekly chart
currently at 38% fibonacci from a Low of 19p Jan 2016 & High october18 at 146p, if this support fails then trenlines & support at 50% fib area at 85p & 200ma(weekly) 88p

daily chart