0%
0%
0%
0%
0%
0.005MYR
4.069MMYR
137.46MMYR
615.964M
About BARAKAH OFFSHORE PETROLEUM BHD
Sector
Industry
CEO
Hamdan bin Daud
Website
Headquarters
Petaling Jaya
Founded
2000
ISIN
MYL7251OO001
Barakah Offshore Petroleum Bhd. is an investment holding company, which engages in the provision of onshore and offshore contracting works. Its services include Pipeline Services, Offshore Transportation and Installation, Topside Major Maintenance and Hook-up Commissioning, EPCC (Engineering, Procurement, Construction and Commissioning) Onshore and Offshore Construction, Underwater Services, and Ship Management and Chartering. The company was founded in 2000 and is headquartered in Petaling Jaya, Malaysia.
Barakah Breakout with VolumeBarakah is a PN17 company which is specialized in underwater pipe laying company. This company even own itself a pipe laying barge which is called Kota Laksamana which had dragged them into financial difficulities.
The main catalyst for Barakah to finally make a breakout from its downtrend channel i
BARAKAH is trying really hard to break TriangleBarakah, a PN17 company with a huge advantage in its side to revoke the status. Last of its 2 quarter had recorded a significant profit with oil price is keep climbing up, the benefit is huge for this mid-stream company. Not to mention, it also won a court order for Enquest Petroleum to make payment
Barakah Imminent BreakoutToday Barakah had made a strong move from 0.065 to close at 0.08 in one single day.
In shory, today's closed price is above it's downtrend line with strong buying power.
Currently:
1) Looking at line (a) which is inverse with line (a'), showing that eventhough today's closing price is lower than tha
Barakah Offshore Trading Below Down TrendlineCurrently trading below downtrendline on the daily chart and below EMA200 on the weekly chart, as of time of writing remains bullish as Brent broke the $70 mark. Monitor trendline and Support levels for possible long trading opportunities. Be extra cautious as the company is PN17 (company with finan
BARAKAH OFFSHORE PETROLEUMFundi Bais :
1) It's Oil.. it's Oil end of discussion
2) It's OffShore... It's has gov support for OffShoring..Tax,Income,Oversea Relation,British Petroleum.
Tech Bias :
1) Big Support W1.
2) Big Discount.
3) High Win Ratio
M.M :
1) Dont place all money in 1 Basket
2) We might lose some, and Win
Bullish sign in BarakahIn Weekly TF, we can see the price creating bullish wedge pattern and break and now the price is looking in sideway before making new high.
Stoch also showing the price already OS and going high. With momentum slowing going up, the price is still maintain around 0.045-0.05 as looking more buyer/ acc
See all ideas
Trade directly on the supercharts through our supported, fully-verified and user-reviewed brokers.
