XEL 2015

The last couple of days have been positive.

However, before I can get excited I need to see a significant rise.

If I were coming to this share for the very first time, I WOULD BE BUYING NOW!

Yes I caused the share price of XEL (Xcite Energy to rise)

Yes I caused the share price of XEL (Xcite Energy to rise)

Had I have known that everyone was waiting for me to return to blogdom I would have done so earlier.

Now, in the last post I said I would not be writing about XEL. Well apart from this one little post I will not be again until Xcite can close above these next levels. 120p , 140p and 160p

If it can do that then I’ll have something to say. Until then here are the rest of my levels that I actually care about on a nice chart for reference later.

2nd May 2014

I’m back… oh yes…

The nature of this blog, website thingy magiggy will be focused primarily on FX trades that I will be taking but with a slight twist. I’ll explain more in later posts.

Xcite are still on my radar but I wont really be discussing that share much unless something significant happens eg. I lose all my money on them as the world turns to Solar power or I get my money back. Everything else is just rubbish really.

With forex I will try and stay focused on the GBPUSD,EURUSD,USDCAD,USDCHF,USDJPY,NZDUSD and AUDUSD

 

ciao for now.

17th July 2013

I am still not Excited by Xcite…

Though I am starting to think there are very few sellers left at these prices and maybe all of the shorters are on holiday.

Whatever the reason for the moves upwards we still have a Shite load of resistance up above.

There has been plenty of ramping on the forums which in someways is informative. You get to read about all the good stuff that is going on with the company, without having to do as much trawling through propaganda spurted out by the company and their cronies.

What I have learned is DON’T LISTEN to anyone. Especially a board of directors in the company. Though it is a case of Do as I Do NOT as I Say to Do. So when those f’kers sell some more shares, make sure I do to.

I may even give out my mobile number so you can all text me when the news comes out the RC and Co. have sold some to de-risk themselves for the sake of their children and family that stood by them in the pioneering days…

Well now that I have a child (maybe more that I don’t know about, so I wont at this point give my mobile number) I want the same opportunity to de-risk. I and many other suckers, believers and long term traders (stuck in a long like me) want our 400% by last April. If it were to come a few months late, so be it, i’ll let bygones be bygones and we can all share a bucket of Crystal on me. However, if it comes in 2015 – 2018 I will be so pissed off I probably wont even know about the rise as I would have thrown my computer at the f’kin wall a million times out of frustration or jumped off Looneys Leep into a deep swelling whirl pool at the foot of a very high waterfall. Hoping for the calm that death by drowning would bring.

Rant over…

here is the weather… Its Hot and I am sticky! But it supposed to be like this, its summer… Its not a fuckin heat wave.

Rant over…

Looking at the charts, which are always my first port of call before logging on to any propaganda web site, I have come to the conclusion that this share gets more volume at these levels on a regular basis than it had done before. On a weekly basis we have been trading similar bulks of shares in volume as we did when Xcite were Exciting. But nowadays its for a longer stretch of time and for whatever reason its being held down. Now over the last few years it has become very obvious that when a share is not being ramped but there is continuos volume someone somewhere has a remit to buy and someone somewhere is being told to sell. Sometimes its the same people buying and selling. However, Clever money is not going to buy something which hasn’t been derisked and has no fundamentals to back it up. Clever money is not going to buy at all time highs, they accumulate near all time lows. Clever money does not want you and I to see that they are buying so they break up the orders into tiny tiny packets and feed them into the system like a prisoner gets gruel. Regularly and under the door, in this case around the backdoor I would imagine.

Now that Xcite has had some fundamental approvals and the Government and all the high and mighties are aware of us. Plus we sold that data we collected, plus we pulled some heavy oil out the ground and shipped it off, plus we found some more oil as if by magic, maybe we have enough of a reason for Clever money to start buying.

Its been pretty low volume the last couple of months but prior to that we were doing quite well.

Now we are starting to push up and test resistance, conveniently shown by the pink/red cloud on the Ichi chart.

I can not get mildly excited as i have no extra funds to average down. My new house saw to that. However, if we look at the volume spikes as were Supply came in last time. I will be getting excited as we hopefully one day start testing those levels.

140p – 200p are what I consider to be the hardest prices to get over. If we ever manage it we will be someway to being in an uptrend and then we can all sit back and by the dips. Until then its belts and braces for me as I hope the XELL.L train leaves this station or HMS Xcite gets out of the dull drums and sets sail or RC and Friends ignite the blue touch paper and send this Xcite rocket up into the stratosphere OR THE FUCKING CLEVER MONEY GET CLEVER AND START BUYING SOME… Please.

XEL sell Data

having said in my post yesterday that our technologies were for sale… XEL go and announce this 🙂

Only 300p more before I can consider selling, but at least we have been able to sell something.

BRIEF-XCITE ENERGY RECEIVES $15 MLN FROM DATA SALE XELL.L – RTRS 20-May-2013 07:14 LONDON, May 20 (Reuters) – Xcite Energy Ltd  XELL.L: Bentley well data sale Will receive $15 million in respect of the well data and associated interpretation work ((London Equities Newsroom; +44 20 7542 7717))