Interra Resource    Last:0.036   -

Interra- cheapest oil stock

I have problem trying to understand the chart. As do not invest / trade based on technicals.

But I do know we are very close to the drilling results for the 2 wells. 1 in Central Kalimantan and another 1 in Myanmar.

The wild card is the KP-1 well in Central Kalimantan. Very huge unrisked reserves. If I remember correctly, the reserves is more than the 1st oil found by Rex. Well, hope to see positive drilling results.

The Indonesia Government agency is siao on too. For the drilling of the KP-1 well.

 

 

w5 ext ew 46 58 ?
w1 12
- px unable to punch thr 1h cloud resistance 57

w2 6 tgt 51 dn 61.8%
- px was holding well
- but still break dn danger
- now it break ew w0 46

1h chart

SgYuan      ( Date: 25-Nov-2019 09:22) Posted: w4 look like wabc formation - 73 55 64 ?57 wa 73 55 delta 18 wb 55 64 wc 64 ?46 delta 18 dn 100% of wa - should have complete the wabc formation - px hit day chart baseline 46 Now w5 33 tgt 79 - chg to ext ew w5 ext ew 46 ?55 ? w1 9 - strong w1 - block by 4h baseline resistance 55 - hope to see stronger w1 w2 5 tgt 50 w3 14 tgt 64 w4 5 tgt 59 w5 9 tgt 68 - projection not high now - see how it flow SgYuan      ( Date: 16-Nov-2019 13:06) Posted: w4 look like wabc formation  - 73 55 64 ?57 - w4 support 55 dn 38.2% of 41 - 4h was ichi baseline support 53.5 4h chart

 

Time to hear the 2 drilling results from Central Kalimantan & Myanmar

 

More selling, please.
 

 

Almost 2 months since the spudding of the KP-1 well in central kalimantan.
About time we get the drilling result.

Lai Lai. Time to turn back up.

Separately, we should also be getting the result of another exploration well Chauk L145 in Myanmar.

superstartup      ( Date: 06-Nov-2019 16:25) Posted: Took a little position over here for the KP-1 well Central Kalimantan block. (little gambling over here)  Hope they find oil here. The unrisked reserve is very substantial. Give us a trading halt, pls. Commencement of drilling in Kuala Pambuang exploration well Interra Resources Limited, and together with its subsidiaries, (&ldquo Interra Resources&rdquo , &ldquo Company&rdquo , or the &ldquo Group&rdquo ) announced the drilling commencement of its first well in the Kuala Pambuang block (&ldquo KP Block&rdquo ) onshore southern Central Kalimantan, Indonesia. Interra has a 67.5% working interest in the KP Block through PT Mentari Pambuang Internasional, the operator of the 1,631 km2 KP Block as well as the drilling of the KP-1 exploration well. Resource volumes in prospective areas see potential upgrade. The unrisked prospective resources for the entire Block estimated as at 1 January 2019 by ERC Equipoise Pte Ltd are: low case of 67 million stock tanks barrels (&ldquo mmstb&rdquo ), best case of 305 mmstb and high case of 1,288 mmstb. If the drilling results of KP-1 are commercially successful, then these prospective resources may be upgraded and reclassified as reserves.

 

55 Resistance turns Support level. Hope to see a break of 60.

 

Buying strong. Next to break 58 R.

 

Thank you SgYuan. Just broke R 55. Look strong. Taking the lead from Rex Intl. The KP drilling results expected in the next couple of weeks will provide the catalyst for any big move.

SgYuan      ( Date: 25-Nov-2019 09:22) Posted: w4 look like wabc formation - 73 55 64 ?57 wa 73 55 delta 18 wb 55 64 wc 64 ?46 delta 18 dn 100% of wa - should have complete the wabc formation - px hit day chart baseline 46 Now w5 33 tgt 79 - chg to ext ew w5 ext ew 46 ?55 ? w1 9 - strong w1 - block by 4h baseline resistance 55 - hope to see stronger w1 w2 5 tgt 50 w3 14 tgt 64 w4 5 tgt 59 w5 9 tgt 68 - projection not high now - see how it flow SgYuan      ( Date: 16-Nov-2019 13:06) Posted: w4 look like wabc formation  - 73 55 64 ?57 - w4 support 55 dn 38.2% of 41 - 4h was ichi baseline support 53.5 4h chart

 

w4 look like wabc formation
- 73 55 64 ?57
wa 73 55 delta 18
wb 55 64
wc 64 ?46 delta 18 dn 100% of wa
- should have complete the wabc formation
- px hit day chart baseline 46

Now w5 33 tgt 79
- chg to ext ew

w5 ext ew 46 ?55 ?
w1 9
- strong w1
- block by 4h baseline resistance 55
- hope to see stronger w1

w2 5 tgt 50
w3 14 tgt 64
w4 5 tgt 59
w5 9 tgt 68
- projection not high now
- see how it flow

SgYuan      ( Date: 16-Nov-2019 13:06) Posted: w4 look like wabc formation  - 73 55 64 ?57 - w4 support 55 dn 38.2% of 41 - 4h was ichi baseline support 53.5 4h chart  SgYuan      ( Date: 13-Nov-2019 13:57) Posted: ew 24 37 31 ? w1 13 w2 6 dn 46% w3 47 tgt 76 up 361.8% of w1 13 - px hit 71 delta 41 w4 16 tgt 55 dn 38.2% of 41 - px hit 55 w5 33 tgt 88 up 61.8% of 54 - now on this wave and likely ext ew

 

Hi all, Im new to trading. Normally trade settlement is due date +2 My broker told.me.partial paid shares cant be contra. Today is my due date however i have sold the same shares just now The broker ask me to settle the due amount for 2 days ago. Today sales will be delivery for friday. Is it true that the sale proceed today cant offset the due balance ( purchase 2 days ago) What is the worst scenario for.my case? Pay penalty? Broker from maybank Thank you

 

Chui today...SgYuan any charting for this?

 

Wa nau eh. After i potong it collapsed. YOU must be vari beli happy for me. Thank u.

Huatsweeswee      ( Date: 20-Nov-2019 13:51) Posted: Gone case 383838      ( Date: 18-Nov-2019 09:46) Posted: Yes! Its coming

 

Getting cheaper n cheaper

 

Gone. Saw all the supporting bids Gone.

 

Huatsweeswee      ( Date: 20-Nov-2019 13:51) Posted: Gone case 383838      ( Date: 18-Nov-2019 09:46) Posted: Yes! Its coming

 

Ya. U are absolutely very right. Luckily potong a lady.

Huatsweeswee      ( Date: 20-Nov-2019 13:51) Posted: Gone case 383838      ( Date: 18-Nov-2019 09:46) Posted: Yes! Its coming

 

Gone case

383838      ( Date: 18-Nov-2019 09:46) Posted: Yes! Its coming. 383838      ( Date: 18-Nov-2019 09:40) Posted: Forming a pole with a flag.

 

Aiyo recent low

 

Very quiet thread here

Today we saw more selling at 57/58, but the selling was well absorbed. The 55-57 wall is holding well with buyers taking in the selling. Lets see tomorrow actions.

 

Ya closing got from Phillip and LimTan. 

superstartup      ( Date: 18-Nov-2019 15:04) Posted: Selling keep coming in. Aiyoyo.

 

Selling keep coming in.
Aiyoyo.