Chariot Oil & Gas for 12/11/2020

#Dow #SP500 It has been a few years since we glanced at Chariot and it took an email to remind us they still exist. If we opt to judge them by their website, extremely positive views emerge thanks to their work in Brazil, Morocco, and Namibia. This flood of strong future sentiment certainly made us question why the share spent a couple of years below the 5p level!

However, all change for the future, apparently.

Chariot, presently trading around the 10p level, are showing some fairly reasonable potentials. Near term, we shall be interested if the share trades above just 12.5p. Such an insignificant motion risks triggering further recovery toward an initial 15p. In the event of it trading beyond the 15p level, we’d hope either positive news or positive market conditions shall promote further recovery toward 20p. While accomplishing a feat such as this matches the highs of 2018, it will be important to remember the price is enjoying a break above the downtrend since 2013.

This sort of Big Picture thing can often promote strong growth for the longer term, especially as closure above the 20p level illuminates an absurd sounding potential at 42p somewhere down the line. For now, we suspect the 15p level shall prove capable of some hesitation.

 

Finally, it’s a short sharp report as our recent focus on the American markets needs our brains to switch up a gear. An early sign of this came today, watching the behaviour between our two unwanted cats and our two Golden Retrievers. The penny finally dropped; dogs have evolved to become a perfect companion for man. Cats think man has evolved to become the perfect companion for a cat. (One of the cats knocked a coffee over a keyboard without a hint of guilt. Dogs on the other hand, understand crime and guilt.)

We shall return to a USA focus, if the need arises.

Hey, chart goes here

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:09:20PM BRENT 44 Success
10:14:53PM GOLD 1856
10:16:52PM FTSE 6368
10:19:11PM FRANCE 5446 ‘cess
10:20:58PM GERMANY 13248
10:22:48PM US500 3578.32 3543 3531.5 3515 3577 3581 3594 3622 3556 ‘cess
10:24:25PM DOW 29455 29262 29157.5 28985 29524 29662 29833.5 30157 29454
10:28:04PM NASDAQ 11906
10:30:12PM JAPAN 25562 Success
11/11/2020 FTSE Closed at 6382 points. Change of 1.37%. Total value traded through LSE was: £ 7,285,360,300 a change of -18.94%
10/11/2020 FTSE Closed at 6296 points. Change of 1.78%. Total value traded through LSE was: £ 8,987,595,429 a change of -12.81%
9/11/2020 FTSE Closed at 6186 points. Change of 4.67%. Total value traded through LSE was: £ 10,308,149,323 a change of 68%
6/11/2020 FTSE Closed at 5910 points. Change of 0.07%. Total value traded through LSE was: £ 6,135,966,574 a change of 1.03%
5/11/2020 FTSE Closed at 5906 points. Change of 0.39%. Total value traded through LSE was: £ 6,073,393,491 a change of 24.88%
4/11/2020 FTSE Closed at 5883 points. Change of 1.68%. Total value traded through LSE was: £ 4,863,439,336 a change of 7.3%
3/11/2020 FTSE Closed at 5786 points. Change of 2.33%. Total value traded through LSE was: £ 4,532,627,706 a change of 3.31%

This post has already been read 239 times!

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.