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Royal Dutch Shell PLC Class B (RDSb)

Dusseldorf
Currency in EUR
Disclaimer
22.50
0.00(0.00%)
Closed

RDSb Price Commentary

There is no chance of this recovering any time soon
In what timeframe are you saying that? There will be buyers coming in in droves in early November because of the 10% dividend.The only factor that would seriously hurt this stock from here would be the suspension of that dividend.
Its @ 25 year low, Opportunity that stikes in decadesCant just let it go Any further downside will be very limited and no stock is associated with no risk
Trump and First Lady have both tested positive for Covid, equity futures are looking very negative... This is going to take another plunge.
This is a world-wide huge scale energy producer. Trump getting covid is neither here nor there.I think you’re being too pessimistic now - although I do agree the stock is in a vulnerable position.I truly cannot see it go much below 860, in a very worst case scenario.
It isn’t plunging as you had feared.
My target of 850 is coming soon
That sounds like a good target entry... Still a quite a bit to go to get there.
before the end of this month is my guess
I think I read somewhere, this is a 25 year low price for Shell and BP at the moment
Look at the graph at maximum timeline...!!
Gapped right through major support at the 900 level and tested March previous low, as I had suspected would happen. Volume is flat, and seems the big players are not interested even at these levels, I wish I was wrong Bob. I don't mind being wrong if it means you can recovery and get your money out. But it is not looking good so far. Let's see what happens at the US open.
Would laugh if this went up in pre-market trading tomorrow morning. Would teach Zaim a lesson about being too greedy! Brent making a comeback.
if brent breaks 41.25...
The 100 point comeback in Brent shows OPEC aren’t opening the valves again - which was what caused the fall today. Could very well recover to 940+
It looks like is going to test the March Low. And probably will cut right through it.
I agree. BP has already cut through March low
Well you were correct! :)
Opec have decided to increase oil production resulting in oil price plummeting and similarly all oil companies. There is no realistic possibility of a rebound until Opec slam the brakes on oil production or oil inventories in storage are significantly reduced and or economic activity increases and or there is announcement of a Vaccine. A combination of the above variables would be ideal fundamentals for possible rebound in the Stock Price.
Don’t believe the misinterpretation of oilprice.com ;)) not to be trusted.
😖
I take you are exposed to this stock?
925+ coming
Going up from here. Get in folks! :)
Chart price action suggests that March low is going to be retested or at least the £9 level.
how much lower can this get
-2 percent when FTSE is up is telling us something
Panic selling. It’ll rebound hard.
More resistance to the drop at this point.
Or it need to close above 950 today on strong volume before an entry could be safely considered.
I think March low needs to be retested, to see if it holds.
Oil price is double this time though.
Yes Phillip, that is somewhat of paradox and inconsistency, and also the business and schools are open and there plenty of cars, buses, and trucks on the roads, in fact the roads are packed, and therefore plenty of fuel being used now compared to a couple of months ago. So these price does not make sense.
https://www.lse.co.uk/ShareChat.asp?ShareTicker=RDSB&share=Royal-Dutch-Shell-BWorth a look
Get in!!
Followed this for 20 years, believe me, this is a fantastic price!!
Agree good price but i think it will get to <900
good luck to you! Hope the plan works.
Bargain of the decade!
Bargain would be sub £9
Just got 5000 shares at 935 - extremely happy!
Bob, did you really buy 5000 at 935, 50K worth? You bought them all at once.. Or did price average in?
Will consider buying at dips <900
Risking the upside for only 4%.
Get in at these levels. 40-50% profit in 1 year.
Might be worth accumulate long positions at the current price and lower.
I agree. Possible to make 40-50% in one year. Buy!
What is interesting about this stock, is whist oil price has relatively recovered, Shell has continued to go in the opposite direction almost in a proportionally inverse fashion. Does not make sense. Plenty of people and businesses using vehicles and transport for the past few months, roads are packed again. Plenty of fuel being used now compared to before when lockdown was imposed.
It may still be a good company for the long term but many people exited their positions due to the cut in dividends.
Will start buying at 850
Bit low! Think we’ll be back over 1000 tomorrow morning.
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