Looking for the bearish shark at currently level to get the ball rolling then the H&S longer term to drop it further Target 12777
Been calling this one for months now and still waiting for the move out of this ascending wedge... still confident it will come. Sell it up here at resistance and wait for the break down.
Flow rates and additional wells being completed weekly. Recovery play in infant stages, assuming all goes well operationally there should be plenty of upside considering current price.
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
Data out shortly could decide this short term trade so watch for that - Looking for a wave 3 steep move up though
Short setup, looking for rising wedge support to give up as resistance is approached for the first time. Will enter trade as support looks to be giving way rather than entering early. May reduce ability to pick the top but also less risk. Short side wrong if daily *close* above resistance line
Looking for an initial breakout to signify wave 5 beginning.
Short palladium from ascending wedge - Tight stops
revised targets - bearish shark harmonic to bottom of channel