Oil and Gas

It has been presently observed that bulls are having domineering power against bulls in the exchanging lines of the Pennpetro Energy Plc stock market (LSE:PPP), as the situation now witnesses a bounce before facing a correction below 4. There are indications from the candlestick that is now displaying the activity of buyers and sellers that […]

A series of declines formerly occurred across the resistance line of 4 before a sudden breakdown surfaced against the point of 3, making Petro Matad Limited (LSE:MATD) now begin to set a recovery path with a base at the top side of 2. Right now, action on the stock market revolves around the number 3. […]

There have been signs that indicate that a basis formation is in the card, as Tullow Oil Plc (LSE:TLW) goes descending, finding a base around 30. The stock operations are trading at about 31.84 as of this analytical write-up, and a smaller bullish candlestick pattern indicates that the purchasing force is progressively assembling. To prevent […]

Since there has been a northward interception between the moving averages during operations that occurred between March and April, the stock of Gulf Keystone Petroleum Ltd. (LSE:GKP) has been witnessing a bullish trend, keeping pushes slow as the price averages the resistance line of 160. Examining the bottom of the trend, it shows that a […]

Sequence to a long path of downsizes in the exchange of Bp Plc (LSE:BP.), selling activities seem to hit a formidable support of 460 that currently leads the price to contend with a barrier around 480 at the time of this write-up. Technically speaking, it is that before the market moves in a clear direction, […]

Over a couple of sessions, the market line in Pantheon Resources Plc (LSE:PANR) has been made to push downward to attempt a re-energizing force mode around 25. The stochastic oscillators have produced a noteworthy trade signal that indicates sellers should exercise caution when following any more pressure to move the trade line below the moving […]

Going by the powerful price action that has been featured in the marketing lines of Arrow Exploration Corp. (LSE:AXL), the stock is bound to push higher through some overhead resistances in the subsequent business deals. The primary barrier spot against the current upsurges has been keenly observed to be around 24. When a bullish candlestick […]

Buyer versus seller in the Rockhopper Exploration Plc (LSE:RKH) has been observed waving higher at the top of the moving averages, breaking resistances. The overbought level is where the stochastic oscillators are placed to provide a warning note cautioning against likely future bullish pushes. The instant when the moving average lines tend to cross again […]

A range of variant moves exhibiting that buying and selling have been around 10 and 8, as Chariot Limited market (LSE:CHAR), as the stock trade currently attempts swing-highs, finding a base around the support line of 6. The price has been forming a north wall to welcome new purchasing entries with the help of a […]

Most of the price actions that have been witnessing in this stock operations have been in the form of showcasing lower highs to denote that bulls have not been having conducive environment to nurture, as the present situation reveals that National Grid Plc (LSE:NG.), is dropping and setting under a descending arrangement. As it happens, […]