$LON:HOIL – Heritage Oil FV=425, popped today 13% – dont be phased by that – as FV=425 so has much more upside room to go.
Take profit target 375. Stop 180
$LON:ESSR – Essar Energy 70p Buy target also hit but this trade now complicated by Essar funding low bid at 70p – so would avoid this for now.
$LON:HOIL – Heritage Oil FV=425, px = 200. If it can break 220, it could go higher towards the 400 level – look at 5YR Chart.Trade: Set Buy Target to be close above 225.
Take profit target 350. Stop 180
$LON:ESSR – Essar Energy in the FT today – ML advices clients to Buy. It could have a hit a support of after recent drop from 150 area. FV= 175.
Set Buy target above 70.
Take profit target 120. Stop 50.
Check out the charts.
These companies have decent market caps and make money.