Serica Energy - SQZ

Just a quick look at some charts, that i think are good, and i'm looking to buy at some point early in the coming week....

Serica Energy - SQZ. daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...CNBmJfcxpCV2ZzbZTno=

Well every now and then you get an opportunity as good looking as this....
Lovely breakout of the wedge/trendline...and a weekly close above the 20, 50 and 200 day ema lines feature on the daily chart....should by all intents and purposes be the momentum trigger for substantial and quick move higher...

stop below 23p.
target 33/34p area..

atb, wdik, dyor,
trendfriend

Hi TF,
I had these around early 20s, around 8k£ worth. Sold yday first thing in the morning for 69.75p.
May still buy back in if comes down.
Ta G

Great trade Paitech!
Nicely done.

i was holding these, but sold up at around 30p.....doh

I'am holding quite a few Echo energy which is also suspended, as they are buying some assets.....lets see if something similar happens to Echo....

For Sqz 40p area is the place to get back in imvho... chart later...

atb, wdik, dyor,
trendfriend

Hi TF,

Not sure if I am being stupid , bought back in few today at around 54p....

Have a great eve.
Ta
G

SQZ - Daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...40duggxrePA4Npa0Pp4=

I think this should be treated with caution, imvho....especially in view of that bearish rsi.....

Any p/b could see a retrace to as low 40p, somewhere between 40 and 50p imho.

atb, wdik, dyor,
trendfriend

TF,
I have blindly followed your instructions.. suggestions
Sold at 71.7p. Had bought at 54.2p (10k£).
Ta
G