Premier Oil could see 100p in the next three to six months, says chart guru Zak Mir

9/29/2016 5:55:34 AM

(MENAFN- ProactiveInvestors - UK) Premier Oil could see 100p in the next three to six months, says chart guru Zak Mir Share facebook if (typeof urlShortener == 'undefined') { var urlShortener = { generate: function(){ $.get('/swift/tinyUrl?url=http%3A%2F%2Fwww.proactiveinvestors.co.uk%2Fcompanies%2Fstocktube%2F6068%2Fpremier-oil-could-see-100p-in-the-next-three-to-six-months-says-chart-guru-zak-mir-6068.html', function( url ) { $('.twitter.tweet').attr('onclick', 'popUp = window.open(\'https://twitter.com/intent/tweet?url=' + url + '&text=%23PMO+Premier+Oil+could+see+100p+in+the+next+three+to+six+months%2C+says+chart+guru+Zak+Mir+-+%40PremierOilplc&via=proactive_uk\', \'popupwindow\', \'scrollbars=yes,width=800,height=400\');popUp.focus();return false'); }); } } urlShortener.generate(); } Twitter Google+ LinkedIn Email Print

09:50 29 Sep 2016

It's not surprising that Premier Oil PLC (LON:PMO) shares have been stuck in a range, says chart guru Zak Mir, though he reckons the oil stock may move towards 100p over the next three to six months.

In a TIP TV segment for Proactive Investors Mir says he'd be looking for Premier Oil shares to stay above 58p, the 200-day moving average, and then the share could see a 'top of channel' target in the next three to six months towards a pound.

Premier Oil presents a convincing chart, he added.

Meet Allergy Therapeutics plc, Cello Group plc, Sphere Medical Holding PLC and ValiRx Plc at our event, London, 06 October 2016. Register here ' Share Facebook if (typeof urlShortener == 'undefined') { var urlShortener = { generate: function(){ $.get('/swift/tinyUrl?url=http%3A%2F%2Fwww.proactiveinvestors.co.uk%2Fcompanies%2Fstocktube%2F6068%2Fpremier-oil-could-see-100p-in-the-next-three-to-six-months-says-chart-guru-zak-mir-6068.html', function( url ) { $('.twitter.tweet').attr('onclick', 'popUp = window.open(\'https://twitter.com/intent/tweet?url=' + url + '&text=%23PMO+Premier+Oil+could+see+100p+in+the+next+three+to+six+months%2C+says+chart+guru+Zak+Mir+-+%40PremierOilplc&via=proactive_uk\', \'popupwindow\', \'scrollbars=yes,width=800,height=400\');popUp.focus();return false'); }); } } urlShortener.generate(); } Twitter Google+ LinkedIn Email Print Jamie Ashcroft !function (d, s, id) { var js, fjs = d.getElementsByTagName(s)[0]; if (!d.getElementById(id)) { js = d.createElement(s); js.id = id; js.src = "//platform.twitter.com/widgets.js"; fjs.parentNode.insertBefore(js, fjs); } }(document, "script", "twitter-wjs");

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