I am looking for a short term bounce not next year or 2022 though $63 would be a 60% rise for the Texas oil

you can not trust MAM this days with the charts or anything else for the purpose

share price gone to 92.05 "AT" as high of the day after making a lovely Intraday BOWL and at the end moving higher than this morning 91.70p

Oil prices

The lows of a ...
..couple days ago $37.55 for light and $42.45 for Brent
are today at best $40.41 for light and $45.07 for Brent
Wednesday Sep 2, 4:25AM EDT
----------------

How small/medium oil stocks are moving today

KEEP an EYE @ 97.80p

1- Company has plenty of cash, recent takeover of Salamander for shares was a good move as their oil can be extracted at a low price.
2- Oil prices are rising fast now so the buying of its own shares a few month back should be a great thing if oil prices keep rising.
2- Chart is looking better as is rising from lows the same as the Indicators ( oversold)

Sold this morning @89.36p for a loss of just over 1p, oil prices keep falling again
put the money at BOX, as it was ready for a bounce as retracement was done

OIL prices falling off the cliff since 3.30pm

Not on the stock, just looking though oil prices too volatile at the moment and there is not much direction, but the chart is looking better again...

had a couple days holding at bottom and as today the oil price is rising by $1 the share price has been moving higher by a good amount.

Oil prices on the rise and with that OPHR

Bought some 83.35p

Looks like today intraday low 80.50p could be the low and double bottom. Oil prices on the rise

Double bottom

Why UP today?............ Double bottom
When the share price was as an Intraday low, it was much at the same price as last September lows, representing a double bottom on the chart. At the same time the Oil price started to climb from the recent lows that in a way was also much the same lows as last September, so also double bottom for the Oil price.

87.65p +3.05p +3.61%

Best rising stock of the mid to large size today

A spike to 96p and then Order book has been decimated of trades so down. Spikes do not last but gives you and indication of where is going

order book is building itself again on the bid side but still negative on the DEPTH 53 v 72
now 91.60p +7p

games played most likely by shorters at top of spike, placed large orders on the offer side making it negative at very high prices, naturally with no intention of selling

orders place at offer side after spike from 10:48am to 11:06am
Price - size - time
100p 5,906 10:56
100p 20,330 11:00
101p 17,737 10:52
102p 10,000 10:48
103.6p 15,000 11:06
105.8p 3,000 10:55
107p 25,000 10:52
110p 9,0000 7:55
110p 20,218 10:53
110.5p 30,000 10:53
112p 15,000 10:48
135p 11,4380 7:55
145p 1,0000 7:55

From the Telegraph

By Tara Cunningham, Business Reporter 11:59AM GMT 25 Nov 2015

Shares in FTSE 250 oil and gas explorer Ophir Energy have surged by more than 11pc amid reports it has become a takeover target.
According to reports, the UK-listed oil group, which is active in Africa, received informal takeover and merger interest from a number of possible suitors amid a slump in oil prices.
While no decision has been made, it has been purported the mid-cap group is at an early stage of its deliberations after approaches from both financial investors and other companies.
So far this year, shares in Ophir have plunged 36pc, as the sharp decline in the price of oil took its toll on the group.

Following the merger chatter, Connor Campbell, of SpreadEx, said: “In the continually bleak landscape of the current commodity crunch it makes sense that some of the sector’s peripheral players would be the target of takeover talk
“The reports couldn’t have come at a better time for Ophir; having steadily been approaching the 78p nadir it hit in September.”

Meanwhile, Lee Wild, of Interactive Investor, said Ophir attempted to merge with Premier Oil last year but was turned down, only to pay £314m for Salamander Energy months later.
"It would come as no surprise to see the likes of Ophir jumping into bed with rival operators. Further M&A is increasingly likely in the sector," Mr Wild added.
Earlier this year, Ophir, which was founded 11 years ago, offloaded a 20pc stake in three gas blocks in offshore Tanzania for $1.3bn. The group only held a portfolio of exploration assets in Africa until last year, when it expanded into southeast Asia.
The FTSE 250 group has low debt levels and it became revenue and operating cash flow generative earlier this year when it completed the acquisition of Salamander Energy.

Initiating coverage with a “neutral” rating earlier this month, analysts at Davy said Ophir has shown “good form in the past”.
However, the broker warned: “Divestment will be more difficult in a lower commodity price environment.
“We do not believe Ophir’s projects are currently resilient or robust to attract co-investors.”
The stock was trading 7.6pc higher at 91p before mid-day.

Well done mentor .

Another good rise today, now 96p +5p

2 days movement

Top up at 96.17p, once broke twice resistance 96p, yesterday and again today

Looking for 100p now very close already

A sudden movement up this morning as a TR1 is released from Black Rock where there is an increased on holdings from 29M to 43M on the 26th, last week.

Close positions at 100.20p with over 2 week spare or T +14

tired of all day 1p movement

@ 96.30p - 3.70p was the UT

Save by the bell, well not save by 1 day
I did have in mind to close a couple days before tomorrow's OPEC meeting.
Further oil price weakness did not help on today's fall

After being over 104p it finished at 94.65p after the OPEC meeting last Friday

"Ophir Energy (LON:OPHR), up 7.2%. Broker Jefferies upgraded the stock yesterday while today it was reported that the number of shares borrowed by short sellers – traders who sell shares they do not own in the hope of buying them back cheaper later – has reduced by 18%."

http://www.intercooleronline.com/stocks/ophir-energy-plc-ophr-price-target-increased-to-gbx-105-by-analysts-at-jefferies-group/276361/