gillyblore

gillyblore Updated 

Hourly bull flag targets R433

gillyblore Updated 

Bull flag targets R430. Tough road ahead in terms of resistance levels. But still bullish oil price in ZAR longer term.

gillyblore Updated 

Close above R42.10 confirms - target = R42.25, SL = R41.60

gillyblore

Hourly close below R87.50 triggers new short - Target = R85. SL = R90.50. Full/larger target = R79

gillyblore

Whilst WHL has lost its important R47 lateral support - I suspect we might see a slight pullback before next leg lower. I am not a buyer at these levels as the trend is clearly down. Waiting on the sidelines to get a better picture.

gillyblore Updated 

Hourly close above lateral resistance has confirmed my bullish daily view.

gillyblore Updated 

Still bullish on oil in ZAR longer term. Short term trading opportunity on the hourly. Target = R411.50, SL = R379

gillyblore Updated 

Re-test of previous support may offer opportunity to add to short position. Full target of larger H&S still R47

gillyblore Updated 

Currently consolidation following steep sell off last week. Suspect we break lower, rectangle targets R48 and full H&S targets = R47.

gillyblore Updated 

After Monday's double top played out - the hourly chart is now in the process of forming a H&S = confirming LT short idea (see daily chart). Will add to my position (again) on a hourly close below R84.70. Target = R78, SL = R84.70

gillyblore Updated 

Should the daily overhead resistance hold - will offer another opportunity to add to my long term short (see previous weekly chart = double top)

gillyblore

currently consolidating after steep sell off. RSI trending higher. Close above R22.45 targets R27, with a potential second target at R33.80 (gap close). SL = R18

gillyblore Updated 

Hourly chart offering another short term entry - Picture confirms longer term view (see previous chart)

gillyblore

TP = R2800, SL = R3100

gillyblore

Bearish action continues - R47.25 level key.

gillyblore

Bearish double top targets R72. Pullback to lateral resistance has offered short entry opportunity. TP = R72 SL = R90

gillyblore Updated 

Hourly close above R96 targets R100.40

gillyblore Updated 

Currently up against some overhead resistance. Move above R424 targets R435, SL = R416