PetroChina is trading above both the 20-day and 50-day EMAs, reflecting bullish short-term momentum. The recent bullish EMA crossover suggests increasing buying interest and marks the beginning of a potential upward trend. Additionally, the widening gap between the EMAs signals strengthening bullish sentiment. Sustained trading above these levels highlights medium-term support for the stock.
Net profit is expected to grow at a CAGR of 35% for the next 3 years with strong net margins circa 5%
Source: Rakuten Research - 16 Jan 2025
To sign up for an account : http://bit.ly/40BNqKI
[Youtube Tutorial] Account Opening & Enable Foreign Equity:http://bit.ly/3I5Jzxo