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dchua1969
Dec 20, 2019 5:20 PM

Get rich with Oil Long

HKEX:8571D
PETROCHINA COHKEX

Description

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bloomberg.com/news/articles/2019-12-17/china-s-oil-imports-are-most-world-s-ever-seen-and-still-growing?cmpid=BBD122019_CN&utm_medium=email&utm_source=newsletter&utm_term=191220&utm_campaign=china


Details in chart : Wait for breakout , pullback then execute your buy order. It might fall off a bit lower before the rebound.

Comment

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praise lord. it has now broke out of the bearish channel.

Comment

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we are initiating a buy position.

Comment

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Praise Lord, congrats to those who followed.

Comment

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looking for support at 3.85, if it holds , can consider adding long. if it retreats back to the bearish trend line, get out

Comment

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It is back into the bearish trend line and price may revisit the 3.09 support again. So wait, not buying as of now.

Comment

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reuters.com/article/us-china-health-petrochina/petrochina-to-cut-february-crude-runs-by-320000-bpd-due-to-virus-company-official-idUSKBN2040F8
Trend AnalysisChart Patterns
Comments
sindarov
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Its back to bullish trend my balls.
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