Broke above down trend line - above 0.386 fibs - target 7.74p

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Trend line broken
It held above the 0.5 fibs and now above 0.386
ascending CCI and broken above last RSI resistance
my 1st target is 7.74p where I will slice or sell all depending on news.

Oil price is at great level at moment.
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we got some resistance at moment with the 50ma but once that is broken then sky's the limit!
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the top up area I think is long gone as I think the chart setup it is taking it further. Happy with my holding anyway!!
Chart PatternsTechnical IndicatorsOilpennystockpennystocksUOG

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