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Color me in, much larger than before.
SYDI looks poised for next step now.
Chart looking nice. I do think enough volume has traded hands in this neighborhood now.
Just a thought on SYDI...
I am a bit surprised no one has mentioned the Linear Regression Channel on this one.
Pull up a 1 or 2 month chart and add in the LRC as an indicator, quite revealing, imo. It bumped up against the upper LRC early in the month then worked back down to the Lower LRC. Cycled up again, just pierced the upper LRC, higher than the first round, then cycled back down again, finding support at the Lower LRC again.
Rinse, repeat on a nice upwards trend channel. Any entry in this area should be golden. Pretty easy to read really. Will probably take a bit to get back up to upper LRC in the .0035 area.
I do think it needs to trade some more volume in the .002s, so make take a few days. It needs to make a better base there possibly.
Just my humble readings. To my eye this chart is a dream...
I am a bit surprised no one has mentioned the Linear Regression Channel.
Pull up a 1 or 2 month chart and add in the LRC as an indicator, quite revealing, imo. It bumped up against the upper LRC early in the month then worked back down to the Lower LRC. Cycled up again, just pierced the upper LRC, higher than the first round, then cycled back down again, finding support at the Lower LRC again.
Rinse, repeat on a nice upwards trend channel. Any entry in this area should be golden. Pretty easy to read really. Will probably take a bit to get back up to upper LRC in the .0035 area.
I do think it needs to trade some more volume in the .002s, so make take a few days. It needs to make a better base there possibly.
Just my humble readings. To my eye this chart is a dream...
So much for a broken chart, lol, the battle is joined!
The fist will run, grasp metal to gun.
The spirit sings in crashing tones,
We gain the battle drum.
Our cries will shrill, the air will moan and crash into the dawn.
The pen won't stay the demon's wings,
The hour approaches pounding out the Devil's sermon.
The Gates of Delirium
Yes- 1974
Yup, added SYDI yesterday on dip, go baby...
RFLMAO, not even a virgin at this...
Added SYDI here...
Just did, added here, hehe.
2nd level support should hold, imo.
SBSH is nothing but retailers...
This chart is almost picture perfect. Lower LRC has held as support and tested.
VBolume by Price has shown enough now to indicate strong holders at this level and a little above.
RSI has flat-lined the last two days and appears ready to turn up.
Get ready, hehe...
Ok, SYDI looks to have traded enough in this range now,
.002 Ask just starting to thin.
SYDI- chart shaping up extremely well!
It may need a another day or two in this range, but already good volume has changed hands in this neighborhood, probably not long at all before it breaks through to the next level.
SYDI agreed.
In addition, excellent volume has now traded in this area, nice support for breakout has developed.
Liking that SYDI chart again!
And here's a SYDI ut to lead us into the last hour of the year.
Go ahead SYDI, make my year, lol.
SYDI probably cleaned out and ready again, added a few more here.
Yes, nice timing, lol. Let's see it break .0015 this time.
SYDI gap-sellers out, here we go again...
Well, I have some loaded, just in case, hehe.
SOEN holding nicely after yesterdays' breakout.
Most impressive to see SYDI only a tick off the high during lull time.
SYDI, down to one mm on .0013...
Hehe, grabbing more SYDI here also.
SYDI boom, right through previous res.
Yup, SYDI bid rebuilding, hang on...
SYDI, .001 probably going to hold!
Well now, SYDI .0009s just evaporated, lol.
Could get fun now!
SYDI, only one more .0008 before .0009 test...
Man, SOEN dip well over, through1.07 now
SOEN through 1.05 now
Yup, SOEN through a buck!
SOEN possible breakout.
Like the setup,
Got some cheap SYDI, let the game begin.
Thanks for heads up bb.
Merry Christmas all!
ROFL, $120 before $60...
WRNW,
Down to 5 mms on .002, trend showing up, now room above .002 on upper LRC. Could pop through to .0025 or so today easily.
Good luck all!
Down to 5 mms on .002, then a gap to .0029, nice.
Trend showing up, now room above .002 on upper LRC. Could pop through to .0025 or so today easily.
Good luck all!
More basic than that even...
The majors are having trouble replacing reserves. Do some digging, peak worldwide production occurred 1 to 2 years ago depending on which numbers you take as gospel. The Saudis may even be past peak production. They are down from a high 2 years ago.
Price of oil? Higher, much higher.
That would be MOOT, rofl...