Izzat_Azmi

Oil news is out !

Short
MYX:CARIMIN   CARIMIN PETROLEUM BERHAD
Stocks that are going to focus on 12 May 2020, will be on the oil counter stocks which is CARIMIN is one of the favourable counter for me.
Besides, there are a lot of the counter ;
1. Dayang
2. Hibiscus (Most active)
3. Uzma
4. Penergy
5. Serbadk ( So far i would not recommend this counter, wait for the pullback because of undervalue at current position. Need the price correction)

The oil news it out ! It is showtime for the KLCI tommorow...Best of luck !

The oil price just hit highest prices for past of the months...means what ?
Take a look of the price before month of April and compare to the current with the brent oil is $30/barrel !

Resistance 0.735
Support 0.69

TP1 = RM0.76
TP2 = RM0.82

Goodluck traders !

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