We revisit 88E once again and can we reach our previous 10x on investment once again? If we break our multiyear downtrend line again we could be looking to big breakout. initial targets we would be looking at would be around tp 1 = 1.1 tp 2 = 2.5 tp 3 = 5 News is due in coming weeks and depending on results we could surpass our TP3 targets if 88E hits a new...
no advice given looks ready to go to me breaking consolidation no advice given plenty of headroom
88E is in a pull back phase. The current level is a decent support which is also a trendline support zone. If price action gets bullish at the current level, between $0.030 - $0.033, I may take a long position. If price fails at the current support and drops, then my 2nd Buy Zone is between $0.020 - $0.023 level. I may wait for bullish price action with...
88E has managed to close above the long term Bearish Trendline with apparently much heavy volume. The bounce off the POC of Volume Profile, Bullish MACD and the breakout all indicate that the price is expected to continue to the upside. I am bullish 88E with my targets below: TP1 - 0.015 (Potential gain 35%) TP2 - 0.019(Potential gain 67%) Stoploss -...
$88E.AX do not hold any however it has very nice setup $88E 88 Energy Limited (88E, formerly Tangiers Petroleum Limited) is an oil and gas exploration company which has exploration permits located in Alaska, North America. The major focus of the company is on Icewine project in Alaska.
$88E.AX we may see the gap at 1.2c filled soonish $88E
Targeting 5p to 5.5p - 200DMA looking to be support for now - Perhaps re consider if this fails on a daily close. Next well spud in coming months could be the catalyst for a move north
Some basic indicators on 88e on the London AIM today. Moving towards Icewine II drill in late Q1 will no doubt cause a lot of excitement for long term holders of this company. Any surprise news before then could possibly send the SP nicely north.
Opec decision, conventional survey results and forthcoming Icewine 2 spud should all be worthy catalysts to create some positive upside short term here. LSE:88E
My very first chart idea so be kind!!! Can we get back to 3.5p by the end of October?