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Golden Triangle Stock on Course for 'Summer Drilling Season Ramp'

Technical analyst Clive Maund explains why he believes shares of this Golden Triangle explorer are at a good entry point. I consider Aben Resources Ltd. (ABN:TSX.V; ABNAF:OTCQB) to be among the best in the Golden Triangle. Note that the seasonal speculativ...

Can the Oil Bulls Go On Pulling A Rabbit Out of Their Hats?

Crude oil bulls are attempting a comeback early in the week. Can they pull a rabbit out of their hats? Carefully examining the situation, we have the answer to that question. It’s great to share the rich details. In the format you are used to – on time and high...

Do the Oil Bulls Have Any Aces Left Up Their Sleeves?

Crude oil has had an eventful session yesterday. It has closed the opening gap and the bulls have been building upon their gains till the session’s close. Earlier today however, the price appears to be rolling over and heading south. Is all hope for higher oil ...

Downward Reversal in Oil Is Knocking on the Door

Crude oil hasn’t closed higher yesterday and the previous series of rallies appears to face stiff headwinds. Is this it, or can the oil bulls pull a rabbit out of their hats? After all, they’ve reversed Monday’s downswing already...

Oil Bulls Fight to Recover Lost Ground after Yesterday’s Reversal

Yesterday’s bullish attempt has met a swift response and the oil price powerfully reversed lower. Earlier today, the bulls are pushing higher again, though less vigorously than yesterday or the day before. Do they have any aces up their sleeves? The risk appeti...

Oil Bulls Are Hesitating, Don’t You Think?

Today’s price action in oil may look to be boring at first sight, but it is far from being so. There appears to be pressure building under the surface. Actually, this chart situation is such that it leads us to open a new position. The bulls have been strong la...

The Oil Bears Punished the Bulls’ Hesitation. What Now?

Oil has decidedly moved yesterday, and the closing price didn’t make the bulls happy. They haven’t had much success repairing the damage earlier today, though. Does it mean that the bears can set their sights even lower now? Can geopolitical eve...

Sliding Oil on Tariff Threats Equals More Profits

Trump's tariff threat hasn't served oil prices well. They folded like a cheap suit. While they're rebounding today, the decline could very well be far from over. How likely is that? Let's find out. We'll take a closer look at the chart below (chart courtesy of www.stooq.c...

Failed Breakouts Take a Heavy Toll on the Oil Bulls

The bulls certainly made a strong run yesterday but didn’t finish the day on a strong note in the least. That’s an understatement, actually. They’ve given up almost all of their gains, closing below the many important resistances...

Silver's Sharp Reaction Back

Technical analyst Clive Maund charts silver and explains why he believes it hasn't hit a final top. Silver reacted back sharply on Thursday and Friday after a parabolic blowoff top. This was not a final top, but it does indicate that silver needs to take a rest and co...
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