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Showing posts with label Prediction. Show all posts
Showing posts with label Prediction. Show all posts

A bargain at 30p levels - Undervalued - Revenue making - BULL

A bargain at 30p levels - Undervalued - Revenue making.

A bargain at 30p levels

Extremely optimistic here & been anticipating months for this chance to shop for down here.
Bought at 30.4p purchase additional if I buy AN opp at 29p-30p
Bullish divergence on RSI.
Resistance becomes support in most plays even if it takes a few weeks/months.
44.2p - 57p next resistance. Longer-term are additional as this is often a revenue growth creating company.

Sorry for format copy paste wrong but here are the values for last year.
$53.7m in revenue
$34. 3m EBITDAX
$36.2m cash generated
Fully cashed up with $17m & $10m facility (undrawn)

South Disouq coming later this year.
Easy profit to be made from these levels.

Three months ended Twelve months
December 31 ended December
31 (audited)
US$ millions, except per unit 2018 2017 2018 2017

---------- --------- -------- --------
Net revenues 13.8 11.0 53.7 39.2
---------- --------- -------- --------
Netback(2) 10.4 8.5 41.7 28.9
---------- --------- -------- --------
Net realized average oil price/service
fees - US$/barrel 59.07 54.39 62.43 46.70
---------- --------- -------- --------
Net realized average Morocco
gas price - US$/mcf 9.78 9.72 10.33 9.51
---------- --------- -------- --------
Netback - US$/boe 28.94 28.26 32.01 24.47
---------- --------- -------- --------
EBITDAX(2) (3) 7.1 8.0 34.3 21.4
---------- --------- -------- --------
Exploration & evaluation expense
("E&E") (0.2) - (5.7) (0.2)
---------- --------- -------- --------
Depletion, depreciation and
amortization ("DD&A") (6.3) (4.8) (17.3) (17.8)
---------- --------- -------- --------
Impairment expense (3.5) - (3.5) -
---------- --------- -------- --------
(Loss)/gain on acquisition - (4.7) (0.2) 29.6
---------- --------- -------- --------
Total comprehensive (loss)/income (4.0) (3.4) 0.1 28.3
---------- --------- -------- --------
Net cash generated from operating
activities 8.9 15.1 36.2 21.6
---------- --------- -------- --------
Cash and cash equivalents 17.4 25.8 17.4 25.8

May 18
Trade active: Still hold shares & plan to buy more once the dust settles as I think the company will turn around once South Disouq comes online later this year, so one for the patient investors. 24.5p-25p is the support at the moment.

Quote: vcm11

Bitcoin Faces Resistance | $9.6k or $11,3k?

Chart Analysis BTC to USD

Bitcoin Faces Resistance.

Bitcoin's rise to the highest has been stopped by significant resistance. Let's take a glance at the chart along and see what's going to happen next and therefore the totally different potential situations. be at liberty to hit wish to show some support.

Bitcoin Daily (1D) Chart Analysis by Alan Masters

  • Good Sat, let's begin by a line of work our attention to the "Purple trendline", notice, however, it stopped Bitcoin's growth multiple times, 4 total. this is often a crucial resistance level. we will say that if Bitcoin manages to stay on top of this level, it will simply move higher (green arrows).
  • The "Brown trendline" at the lowest is functioning as our main support for the vary trading/consolidation part.
  • After BTCUSD was rejected for the fourth time from the purple trendline, it's possible to check lower support. however we tend to trade supported candle shut and that we see Bitcoin staying on top of EMA10 and EMA50. If these levels hold, namely $10,300 - $10,350, Bitcoin will try to challenge the upper side once more. however if this level breaks, we tend to area unit observing around $9500 - $9650 next.
  • The RSI remains sturdy on top of fifty.

Here we've got to attend and see however the charts can develop. Our main optimistic vs pessimistic potential indicator is that the EMA10 line, therefore we tend to stay optimistic as long as BTCUSD is commercialism on top of this level.

On an opening below EMA10, we glance for support.

Overall, Bitcoin is probably going to maneuver lower since it already touched the purple trendline once more and was rejected. so as to maneuver any higher, this is often the resistance that has to break initially. If it cannot be broken, Bitcoin moves lower.

Altcoins Market Update

I've been observing several ALTSBTC charts and a few did large numbers within the past a pair of weeks, numbers we have not seen in months. however at the identical times, several others went lower and hit new lows.

What is going on?

Now we tend to see the strongest altcoins pairs (all prime altcoins minus prime 10) maintaining their last low and even moving higher. we tend to see Bread ( BRDBTC ) that created a 100%+ move these days...

In conclusion, the altcoins pairs vs Bitcoin can move sturdy beginning currently and once the 15-18 Gregorian calendar month.

We all had many times to accumulate, purchase and go long.
We all had much time to visualize the market red happening additional and additional.

We solely have many days left and massive amendments can come back to America.

So make preparations.
Be ready.
The Altcoins Market can run like ne'er before!

Feel free to share your charts and raise any queries, within the comments section below.

Quoted: Alanmasters

Predictions of Bitcoin Prices in 2020
Bitcoin (BTC)

Bitcoin Price Prediction: BTC Value in 2020

Bitcoin Price Prediction: BTC Value in 2020. Today, everyone in the crypto community may be wondering what the future of Bitcoin is for investors in 2020 and beyond. The crypto exchange market is known for its very volatile price from very high prices to very low prices in a short period of time.

Although this situation is very beneficial for traders who use the method of buying and selling a low investment, it also makes digital assets such as Bitcoin a bad medium for storing values. In addition to this situation also makes it difficult for long-term investors because they must constantly check the changes in value to ensure the security of their investment status. If prices change sporadically, checking values ​​will be quite difficult.

Although this changing nature makes the future of the crypto exchange difficult to predict, it doesn't stop players from guessing the future of digital assets, especially the price of Bitcoin. Although almost all predictions are rooted in mere speculation in the world of crypto, some of them come from fairly complex quantitative prediction methods. From research and modeling to making specific benchmarks, experts are working hard to prove that Bitcoin will survive. Bitcoin price predictions for 2020 are very broad, between $ 20,000 to $ 1 million US dollars.

Early investors who bought crypto assets when the value was very cheap managed to become a billionaire when the value rose sharply to thousands of US dollars. Nearly all of the billionaires appeared on December 2017 where the price of Bitcoin broke its record high of $ 20,000. Since then, the price of Bitcoin has decreased and made the market worse than expected.

Another factor that makes the future of Bitcoin difficult to predict is the fact that its use has not increased significantly in 2018, which indicates market stagnation. In fact, mass adoption did not happen as fast as the crypto industry players expected.

Apart from the current rate of adoption, there are several other factors that can be considered in analyzing the value of cryptocurrencies and the price of Bitcoin in the future. Some of them are:
  • Technological advances and network modifications such as hard forks and software updates
  • Clarity of purpose and roadmap of a platform
  • Announcement of new partnerships or certain sponsorship partnerships
  • New patents and inventions by crypto research and development firms
  • A new exchange listing
  • New regulations/regulations related to the crypto world

It is very important to re-study the factors above rather than following the predictions outright. Investors must also study the predictions that exist, see the specific reasons behind the predictions presented.

Some predictions of the price of Bitcoin in 2020 by Trusted Industry Figures

John McAfee

He is the creator of the popular antivirus software, McAfee antivirus and is a well-known figure in the crypto industry because of his unique predictions with attractive backgrounds. He recently predicted that Bitcoin would reach $ 1 million. According to him, his prediction is based on the model he made himself. With this model, he once predicted that Bitcoin would reach $ 5,000 in 2017.

Tom Lee

Thomas Lee, co-founder and head of research at Fundstrat Global Advisors, a leading crypto research company, predicts that the price of Bitcoin will reach $ 15,000 by the end of this year

Osato Avan-Nomayo

Bitcoinist analyst Osato Avan-Nomayo predicts that Bitcoin mining rewards will experience halving from 12.5 BTC to 6.25 BTC in 2020. Although he does not predict BTC specific prices, their analysis predicts new prices could reach $ 20,000 US dollars.

Fran Strajnar

Brave New Coin CEO Fran Strajnar has predicted that the price of Bitcoin will reach $ 200,000 in 2020 with the increasing rate of adoption of Blockchain technology and the use of Bitcoin. According to him, with more and more users joining the network, more and more wallets and applications will be created and used. With increasing usage, BTC prices will also increase in the long run.

Bitcoin - Rallies continue to attract sellers
Bitcoin / U.S. Dollar.
Bitcoin / U.S. Dollar (COINBASE:BTCUSD) 9597.60 15.18 

Bitcoin - Intraday - We want to Sell at 10,000 (stop at 10300)

The price has continued a bearish move lower and resulted in 3 consecutive negative days. Intraday demonstrations continue to attract sellers and there is no clear indication that the order for this trade will end soon. Previous support is located at 9100. There is no clear indication that the downward movement will end soon. Further decreases are expected even though we prefer to set shorts at the bespoke resistance level at 10,000, resulting in an increased risk/reward.

Our target profit is 9100 and 8500

Resistance: 9800/10000/10200
Support: 9100/8500/8000

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