The West Texas Intermediate Crude Oil market has rallied a bit during the trading session on Wednesday, as we continue to see a lot of upward mobility but in short bursts. Ultimately, a short-term pullback is the best way to look for buying opportunities in this market, as we should continue to see a lot of choppiness, but I think that the falling US dollar should continue to see a lot of weakness. The 200 day EMA underneath should continue to offer support just as the market should then go looking towards the $49 level, an area where we have sold off quite drastically
Wow, such a superb outstsnding QR ! Profits of => 109,364,000 (+109 million ringgits) ! Like that today definitely will be spike up and closed at => 0.50 (+0.27) (+117.4 %) liao lah !
after pushing up and clear their positions then the whole gang with some analyst will start talking about huge dept etc....and push it down...vicious circle rerun...wakakaka
Great Quarter 2. Company is back on track without anymore hindrances from impairment losses as all already booked in prior quarters, which are non-cash losses anyway.
Forward PE now at 4X only based on latest Q2 extrapolation.
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....
power88
1,588 posts
Posted by power88 > 2020-08-27 06:49 | Report Abuse
WTI Crude Oil
The West Texas Intermediate Crude Oil market has rallied a bit during the trading session on Wednesday, as we continue to see a lot of upward mobility but in short bursts. Ultimately, a short-term pullback is the best way to look for buying opportunities in this market, as we should continue to see a lot of choppiness, but I think that the falling US dollar should continue to see a lot of weakness. The 200 day EMA underneath should continue to offer support just as the market should then go looking towards the $49 level, an area where we have sold off quite drastically