Latest Technical Analysis on Africa Oil share (June 5)

In the last Technical Analysis update we pointed to an Inverted Head-and-Shoulder formation potentially forming. Thankfully it seems that the share managed to bounce soon after, thus seemingly forming the right shoulder signalling an uptrend. Again anything can happen and in the case of a prospecting company like Africa Oil it will be the fundamentals […]
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Latest TA and FA calculations of the Africa Oil share

Latest TA from Canadabulls.com Signal Update Our system’s recommendation today is to STAY LONG. The previous BUYrecommendation was issued on 2014-04-23, 12 days ago, when the stock price was 7,9700. Since then AOI.V has risen by +6,65%. Market Outlook Candlesticks warned us today to be on alert with a new bearish pattern. Market attention is now on the downside. […]
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