BullnBear_Markets

DELTIC Bearish move incoming

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LSE:DELT   DELTIC ENERGY PLC ORD GBP0.1
Bear divergence on high time frames. If it closes monthly candle as Hammer, then i would be selling into any pumps.

Not a good outlook for this market in the UK and Europe atm. Based on the events in Ukraine & Russia (God rest ones soul) could we see this sector spill further now things are ramping up on a much more aggressive note.

My personal Target as shown based on a confluence zone of Support & Fib retracement.
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