{"id":6509,"date":"2026-10-08T04:35:27","date_gmt":"2026-10-08T03:35:27","guid":{"rendered":"https:\/\/www.trendsandtargets.com\/?p=6509"},"modified":"2026-10-08T04:59:55","modified_gmt":"2026-10-08T03:59:55","slug":"tullow-oil-plc-lsetlw-trading-around-10-38p-at-time-of-writing","status":"publish","type":"post","link":"https:\/\/www.trendsandtargets.com\/index.php\/2026\/10\/08\/tullow-oil-plc-lsetlw-trading-around-10-38p-at-time-of-writing\/","title":{"rendered":"Tullow Oil Plc (LSE:TLW)\u00a0trading around 10.38p at time of writing."},"content":{"rendered":"

It transpires there is something more irritating than Tullow Oil’s share price movement on September 30th. Our lawn, due the final cut of the year, has two tree stumps. One’s from an ancient fir tree, the other was once a pear tree, and both stumps remain in use for various jobs. They are ideal for lights, to hold shooting targets, or even as the anchor for the occasional tight-rope (a grand-daughter thing) Neither tree stump represents a surprise, each useful in different ways over the last 15 years.<\/p>\n

Somehow, I managed to crash into both stumps on Wednesday afternoon. The problem was wet grass, the big chunky rear tyres driving the little tractor solidly forward. Making a sharp left turn to manoeuvre the tractor and grass cutting deck around the 1 metre tall fir tree stump failed, the big back wheels sliding the skinny front wheel straight into the stump. The steering rod bent, the wheels each now pointing inward like someone pointing the toe of each shoe at the other. It looked ridiculous and needed the tender attention of a crowbar and sledgehammer. With each wheel pointing forward after 20 minutes of battering, the tractor restarted and 2 minutes later, I repeated the performance and ran into the old pear tree stump… This time, each wheel was left pointing outward at a 45 degree angle. It was easy to make a wise decision to throw a tarp over the tractor, giving a day or two to calm down before sorting the steering out. Perhaps this year has spoiled things, becoming used to the robot lawnmower and losing tractor driving skills. But the robot does not do well on wet grass and a slope, hence retaining the little red tractor.<\/p>\n

This, of course, brings us to Tullow Oil as their share price movements have proven as comprehensible as the tractors front wheels. Over the years, many folk were solidly fed up with the UK AIM market, due to often incoherent price movements. Trading volumes fell, traders voting with their wallets as they became fed up being the markets cash cows. By the end of 2020, the AIM market has almost revalidated itself and was starting to behave with a degree of honesty. And then, like a junkie, it felt like it had again embraced its old habits, price manipulation on 30th of September driving Tullow down into a ridiculous zone where a bottom of 4p became possible.<\/p>\n

\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><\/p>\n

The width of the movement looks hard to justify unless it was deliberate attempt to panic traders and release some cheap shares back into the hands of the market. It feels like the folk behind the AIM (and FTSE) are failing to learn from the exodus from the UK to Europe and New York as companies become fed up with their share value failing to equal similar instruments in other countries.<\/p>\n

In the case of Tullow, manipulated at the open on the 30th Sept from 19.5p down to 16.6p was a bad thing, reversing the share value below the Blue downtrend since 2024. On the day, with a closing price at 10.26p, it also broke the immediate Red uptrend and sent all sorts of wrong signals to the market place. In the course of a day, it broke below the Red uptrend since 2025 also, suggesting quite firmly previous trends could now be ignored, the market looking like it was intent on doing to Tullow, something similar to the current UK Governments attempts to destroy both business and society.<\/p>\n

At present, ongoing share price movement below 7.8p risks promoting further reversal to an initial 6.2p with our secondary, if broken, a hopeful bottom with a bounce at 4p.<\/p>\n

Of course, there’s always the risk someone will decide the drop has been overcooked. In the interests of sanity, we can describe 11.8p as a potential trigger level as movement above such a point should prove capable of a lift to an initial 15p. This would emphatically return the share value above the Red uptrend, giving a secondary at 18.2p and a return once again above the Blue downtrend. From our perspective, this would broadcast a few positive signals for the longer term, causing us to rush to our tea cups and viewing the leaves as it currently calculates as being above to double in value from our secondary level.<\/p>\n

<\/span><\/p>\n

FUTURES<\/p>\n

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FUTURES<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n
Time Issued<\/span><\/td>\nMarket<\/span><\/td>\nPrice At Issue<\/span><\/td>\nShort Entry<\/span><\/td>\nFast Exit<\/span><\/td>\nSlow Exit<\/span><\/td>\nStop<\/span><\/td>\nLong Entry<\/span><\/td>\nFast Exit<\/span><\/td>\nSlow Exit<\/span><\/td>\nStop<\/span><\/td>\nPrior<\/span><\/td>\n<\/tr>\n
10:03:38PM<\/span><\/td>\nBRENT<\/span><\/td>\n9975.6<\/span><\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
10:07:04PM<\/span><\/td>\nGOLD<\/span><\/td>\n4109.68<\/span><\/td>\n4067<\/span><\/td>\n4055<\/span><\/td>\n3998<\/span><\/td>\n4123<\/span><\/td>\n4147<\/span><\/td>\n4164<\/span><\/td>\n4196<\/span><\/td>\n4109<\/span><\/td>\n‘cess<\/span><\/td>\n<\/tr>\n
10:09:23PM<\/span><\/td>\nFTSE<\/span><\/td>\n10469.7<\/span><\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n‘cess<\/span><\/td>\n<\/tr>\n
10:25:22PM<\/span><\/td>\nSTOX50<\/span><\/td>\n6183.1<\/span><\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\nSuccess<\/span><\/td>\n<\/tr>\n
10:29:10PM<\/span><\/td>\nGERMANY<\/span><\/td>\n25112.4<\/span><\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
10:31:36PM<\/span><\/td>\nUS500<\/span><\/td>\n7797.6<\/span><\/td>\n7764<\/span><\/td>\n7757<\/span><\/td>\n7735<\/span><\/td>\n7792<\/span><\/td>\n7831<\/span><\/td>\n7877<\/span><\/td>\n7934<\/span><\/td>\n7812<\/span><\/td>\n<\/td>\n<\/tr>\n
10:35:05PM<\/span><\/td>\nDOW<\/span><\/td>\n51145.9<\/span><\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\nSuccess<\/span><\/td>\n<\/tr>\n
10:39:03PM<\/span><\/td>\nNASDAQ<\/span><\/td>\n31158.3<\/span><\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n‘cess<\/span><\/td>\n<\/tr>\n
10:41:47PM<\/span><\/td>\nJAPAN<\/span><\/td>\n69611<\/span><\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n‘cess<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

<\/a><\/span><\/span><\/p>\n

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.<\/span><\/span><\/p>\n

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION <\/span><\/span><\/p>\n

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.<\/span><\/span><\/p>\n

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.<\/span><\/span><\/p>\n

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…<\/p>\n

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Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares<\/h4>\n

<\/a>Click Epic to jump to share: LSE:BARC Barclays** **LSE:GRG Greggs** **LSE:ITM ITM Power** **LSE:MRO Melrose** **LSE:OCDO Ocado Plc** **LSE:OXIG Oxford Instruments** **<\/p>\n

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Updated charts published on : Barclays, Greggs, ITM Power, Melrose, Ocado Plc, Oxford Instruments,<\/p>\n

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LSE:BARC Barclays<\/span>. Close Mid-Price: 432.05 Percentage Change: + 0.00% Day High: 444.55 Day Low: 429.7<\/h4>\n

Target met. In the event of BARC share price managing to break below 429. ……..<\/span><\/p>\n

Subscribe for more<\/a><\/p>\n

<\/p<\/p>\n

View Previous Barclays & Big Picture ***<\/a><\/p>\n

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LSE:GRG Greggs<\/span>. Close Mid-Price: 2078 Percentage Change: + 0.00% Day High: 2082 Day Low: 2040<\/h4>\n

Continued trades against GRG with a mid-price ABOVE 2082 should improve t ……..<\/span><\/p>\n

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<\/p<\/p>\n

View Previous Greggs & Big Picture ***<\/a><\/p>\n

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LSE:ITM ITM Power<\/span>. Close Mid-Price: 89.6 Percentage Change: + 0.00% Day High: 95.5 Day Low: 89.6<\/h4>\n

If ITM Power experiences continued weakness below 89.6, it will invariabl ……..<\/span><\/p>\n

Subscribe for more<\/a><\/p>\n

<\/p<\/p>\n

View Previous ITM Power & Big Picture ***<\/a><\/p>\n

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LSE:MRO Melrose<\/span>. Close Mid-Price: 450 Percentage Change: + 0.00% Day High: 471.4 Day Low: 450<\/h4>\n

Target met. Weakness on Melrose below 450 will invariably lead to 445p wi ……..<\/span><\/p>\n

Subscribe for more<\/a><\/p>\n

<\/p<\/p>\n

View Previous Melrose & Big Picture ***<\/a><\/p>\n

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LSE:OCDO Ocado Plc<\/span>. Close Mid-Price: 286.6 Percentage Change: + 0.00% Day High: 286.6 Day Low: 260.8<\/h4>\n

Target met. The next task for Ocado Plc is to get the price above 286.6 ( ……..<\/span><\/p>\n

Subscribe for more<\/a><\/p>\n

<\/p<\/p>\n

View Previous Ocado Plc & Big Picture ***<\/a><\/p>\n

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LSE:OXIG Oxford Instruments<\/span>. Close Mid-Price: 3048 Percentage Change: + 0.00% Day High: 3256 Day Low: 3002<\/h4>\n

Target met. Further movement against Oxford Instruments ABOVE 3256 should ……..<\/span><\/p>\n

Subscribe for more<\/a><\/p>\n

<\/p<\/p>\n

View Previous Oxford Instruments & Big Picture ***<\/a><\/p>\n

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*** End of “Updated Today” comments on shares. Listed below are those where commentary remains valid.<\/span><\/h2>\n

<\/a>Click Epic to jump to share:LSE:AAL Anglo American** **LSE:AML Aston Martin** **LSE:ASC Asos** **LSE:AV. Aviva** **LSE:AVCT Avacta** **LSE:AZN Astrazeneca** **LSE:BBY BALFOUR BEATTY** **LSE:BLOE Block Energy PLC** **LSE:BME B & M** **LSE:BP. BP PLC** **LSE:BT.A British Telecom** **LSE:CAR Carclo** **LSE:CNA Centrica** **LSE:CPI Capita** **LSE:DGE Diageo** **LSE:ECO ECO (Atlantic) O & G** **LSE:EMG MAN** **LSE:EXPN Experian** **LSE:EZJ EasyJet** **LSE:FGP Firstgroup** **LSE:FOXT Foxtons** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:HIK Hikma** **LSE:HSBA HSBC** **LSE:IAG British Airways** **LSE:IGG IG Group** **LSE:IQE IQE** **LSE:ITRK Intertek** **LSE:ITV ITV** **LSE:LLOY Lloyds Grp.** **LSE:MKS Marks and Spencer** **LSE:NG. National Glib** **LSE:NWG Natwest** **LSE:ONT Oxford Nanopore Tech** **LSE:PHP Primary Health** **LSE:PMG Parkmead** **LSE:QED Quadrise** **LSE:RKH Rockhopper** **LSE:RR. Rolls Royce** **LSE:SAGA SAGA Plc** **LSE:SBRY Sainsbury** **LSE:SCLP Scancell** **LSE:SDY Speedyhire** **LSE:SFOR S4 Capital** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:SPX Spirax** **LSE:SRP Serco** **LSE:STAN Standard Chartered** **LSE:STAR Star Energy** **LSE:TERN Tern Plc** **LSE:TLW Tullow** **LSE:TRN The Trainline** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **LSE:VOD Vodafone** **LSE:ZOO Zoo Digital** **<\/p>\n

********<\/p>\n

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Many thanks for taking the time to read this and good luck for today. Please feel free to mention us after something goes right!<\/p>\n","protected":false},"excerpt":{"rendered":"

It transpires there is something more irritating than Tullow Oil’s share price movement on September 30th. Our lawn, due the final cut of the year, has two tree stumps. One’s from an ancient fir tree, the other was once a pear tree, and both stumps remain in use for various jobs. They are ideal for … <\/p>\n

Continue reading “Tullow Oil Plc (LSE:TLW)\u00a0trading around 10.38p at time of writing.”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6509","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"https:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/6509","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/comments?post=6509"}],"version-history":[{"count":2,"href":"https:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/6509\/revisions"}],"predecessor-version":[{"id":6511,"href":"https:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/6509\/revisions\/6511"}],"wp:attachment":[{"href":"https:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=6509"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=6509"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=6509"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}