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Xcite Energy - North Sea Heavy Oil (XEL)     

Proselenes - 22 Oct 2009 11:14

.

rococo - 06 Jul 2011 09:40 - 2079 of 3002

FT today

Statoil to resume North Sea development
By David Blair, Energy Correspondent, and Elizabeth Rigby
Statoil, the Norwegian oil company, is to resume work on a large North Sea project and Centrica, the UK utility, said that it had reopened Britains biggest gas field following concessions by the government on taxation.

this means heavy oil projects back on - XEL expect a knock on the door!

Balerboy - 06 Jul 2011 09:58 - 2080 of 3002

Bring it on!!! 236p and climbing.,.

rococo - 06 Jul 2011 09:59 - 2081 of 3002

Heavy volume during the last week

Chart.aspx?Provider=EODIntra&Code=XEL&Si

rococo - 06 Jul 2011 11:21 - 2082 of 3002

Selling time

Sequestor - 06 Jul 2011 11:33 - 2083 of 3002

hmm looks that way, lot of shares coming to market tomorrow

markymar - 06 Jul 2011 11:35 - 2084 of 3002

I Will stay on board a little longer

rococo - 06 Jul 2011 13:33 - 2085 of 3002

markymar

At your peril, all the Indicators now well at overbought short term

will be volatile with the volume but Share price is well above the Higher Bollinger Band aswell

Chart.aspx?Provider=EODIntra&Code=XEL&Si

rococo - 06 Jul 2011 14:58 - 2086 of 3002

only 212p bid now and falling

dreamcatcher - 06 Jul 2011 15:06 - 2087 of 3002

one and three quarters of a mile is my best guess.

cynic - 06 Jul 2011 15:21 - 2088 of 3002

short-lived excitement - moderately curious but rather in the nature of this type of stock

rococo - 06 Jul 2011 15:23 - 2089 of 3002

Was trying to go under 200p but managed to hold so far

as usual "moneyam" charts out of order or delayed so another is added

Chart.aspx?Provider=Intra&Code=XEL&Size=p.php?pid=staticchart&s=L%5EXEL&width=42

dreamcatcher - 06 Jul 2011 15:24 - 2090 of 3002

Had to retrace at some point. Then onwards and upwards.

rococo - 06 Jul 2011 15:34 - 2091 of 3002

But then one can buy the stock at a much lower price, naturally all will depend on the % of retracement the stock do.

halifax - 06 Jul 2011 15:36 - 2092 of 3002

certainly living up to its name.

dreamcatcher - 06 Jul 2011 15:37 - 2093 of 3002

Timber! Good bounce after this sell off.

dreamcatcher - 06 Jul 2011 15:42 - 2094 of 3002

Could be level at the end of trading, at a guess.

dreamcatcher - 06 Jul 2011 16:04 - 2095 of 3002

The ship is not going to sink, the hole has been patched. Looking good.

markymar - 06 Jul 2011 16:09 - 2096 of 3002

Just back from the gym have i been missing all the ups and downs.

dreamcatcher - 06 Jul 2011 16:10 - 2097 of 3002

Sailing steady

dreamcatcher - 06 Jul 2011 16:21 - 2098 of 3002

mmmmm Strange on the buys the sp sits still, but drops at a rate of knots on selling.
Got my sailing hat on today.
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