Rakuten Trade Research Reports
Foreign Equities (HK): CNOOC LTD
rakutentrade
Publish date: Tue, 16 Jan 2024, 10:32 AM
rakutentrade
0 2,149
An official blog in I3investor to publish research reports provided by Rakuten Trade research team.
All materials published here are prepared by Rakuten Trade. For latest offers on Rakuten Trade products and news, please refer to: https://www.rakutentrade.my/
To sign up for an account: http://bit.ly/40BNqKI
Rakuten Trade
Hotline: +603 2110 7110 (Account Opening, General enquiry)
Email: customerservice@rakutentrade.my
All materials published here are prepared by Rakuten Trade. For latest offers on Rakuten Trade products and news, please refer to: https://www.rakutentrade.my/
To sign up for an account: http://bit.ly/40BNqKI
Rakuten Trade
Hotline: +603 2110 7110 (Account Opening, General enquiry)
Email: customerservice@rakutentrade.my
TECHNICAL ANALYSIS
CNOOC may extend its upward trajectory after it broke out from its 1-week bullish flag pattern yesterday. As the stock is pulling further away from all the EMAs, the bullish momentum appears to be picking up. We expect the rising momentum is set to steer the stock higher and test the next level of resistance in the near term.
Fundamentals
Net profit is expected to grow at a CAGR of 15% for the next 3 years with net margins higher than 30%.
Source: Rakuten Research - 16 Jan 2024
To sign up for an account: http://bit.ly/40BNqKI
[Youtube Tutorial] Account Opening & Enable Foreign Equity: http://bit.ly/3I5Jzxo
More articles on Rakuten Trade Research Reports
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
Apps
Top Articles
3
save malaysia!
4
BFM Podcast
5
BFM Podcast
8
BFM Podcast
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
