Bull and Bear

OIL ....next target $110 ????? possibleee? read our analysis.....

OIL : Long Term View .. ... (monthly chart)
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https://www.facebook.com/KLSELION/photos/a.854214074738461.1073741829.848454415314427/958610774298790/?type=3&theater

 

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it is approaching $70 (as per our view last week : in telegram) ....
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lets just use every $10 as Support and Resistance .. 
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$60 - $50 act as strong support for the time being.
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once $70 broken above, next would be $ 80 , 90 (not so strong supporting Resistance..)
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BUT, $100-110 is the strong Resistance , as u can see it was 2011 - 2014 high..... 
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well, this is a long term view, unlikely happen overnight, may take months / years to reach respective zone.... 
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we will continue review OIL on weekly basis , or when any big price action spotted....
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May the trend be with you~
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Trade safe!
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follow our telegram:
https://t.me/KLSELION

 

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https://www.facebook.com/KLSELION/

Discussions
Be the first to like this. Showing 17 of 17 comments

apolloang

USD 110....then US broke lah,and 1 plate of char koey teow becomes RM 20

2018-04-19 17:19

qqq3

1 plate of char koey teow becomes RM 20..then you better make more money now.

2018-04-19 17:22

elp25

it was USD140 and USD110 before. well. lets see

2018-04-19 17:23

apolloang

cannot make a lot,jibby cronies wanna makan from us

2018-04-19 17:23

I_want_to_be_rich

USD 150-200 even better. GST can cancel then.

2018-04-19 17:24

qqq3

BUT GST for 2 MDB then how?

2018-04-19 17:26

I_want_to_be_rich

So Pakatan better?

qqq3 BUT GST for 2 MDB then how?
19/04/2018 17:26

2018-04-19 17:37

apolloang

no subsidise on petrol rakyat will suffer more if oil price keep going up.so remember vote for PH cos BN causing hardship for the rakyat then only give some relief only on brim

2018-04-19 17:42

PlsGiveBonus

Bitcoin tp 100k

2018-04-19 18:18

apolloang

Bitcoin a scam lah.....bank in to siaps pun tak tahu.auddenly close mahu cari siapa?

2018-04-19 20:11

titus

if oil above USD100, need to see how to convert car to use water. Easier way? really is to vote for blue eyes loh. Coz till today, the gomen did not tell you how the fuel mechanism works. Figure is plucked from the sky.

2018-04-20 08:54

joekit

man man lai...so gancheong for wat? hhhh

2018-04-20 12:27

Yu_and_Mee

above 100? don't be silly

2018-04-21 06:33

moneypedia

nope, unless world war III....i prefer doin some research and use biofuel for my car,or even water if it happen, (illegally coz puspakom might disturb bla bla bla).....110 pathetic figure that might make this world become disaster...

2018-04-21 07:31

moneypedia

and/but it might happen, long term, when usd lose it value....

2018-04-21 07:51

PenguinDad

dreamer! from 70 to 100 is 30. unless we3 if not unless in near term.

2018-04-21 11:23

cwp333

the article would never been seen when the oil price hovered at 40 USD few years ago

2018-04-23 12:44

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