MPHC Petrochemical Qatar shareMPHC MESAIEED Petrochemical holding near demand zone
entry:1.944
sl:1.921
target:2.105
RR:1:7 , 8% spot
take care blackbox shown in picture is strong supply area
Petrochemical
THAILAND SET: PTTGC - SPECULATIVE BUY TP1 - 67.50 STOPLOSS 63.00THAILAND SET: PETROCHEMICAL SECTOR | PTTGC
CURRENT PRICE: 64.50
BREAK OUT VOLUME POINT OF CONTROL: 63.00 and previous high
Reasonably good buy position for speculative TARGET PRICE 1 @ 67.50 (5.4%) at mini Wave 5 position.
Stop Loss: 63.00 (current POC)
>Strong Foreign fund flow (NVDR) - hit the highest daily chart at +450 mil baht / day
>Strong Banker fund flow
>RSI almost hit overbought, still have room to go further
RECENT NEWS UPDATE: PTTGC announces the end of the share repurchase program, totalling 22.30 million shares, receiving 1.35 billion baht. To increase financial liquidity
GAIL will taste the dust of rising crudeoilWe place a modest target of black line as first and The red line as second target point.
