PCCYF - Up From Inverted H&SI have drawn a white channel that price is currently moving up through
This has occurred due to a successful inverted H&S which I think will allow continuation of the bull movement
Daily chart
BULLISH
We are close to resistance area. Downwards now 😱We are close to resistance area. Downwards now 😱
Near $1.10 seems to be the spot for a rejection and retracement.
RSI and Stochastic RSI is in Top area, time for a reversal.
Are you shorting?
Petrochina: Please reverse! 🔄Last week, the PetroChina share price continued its downward trend and has now reached the level at which it should form the low of the blue wave (iv) in our primary scenario. Consequently, it should soon stabilize and stop its downward movement. With the low in its pocket, a further rise is then on
long position on 601857My strtegy is based on price action with the reading of certain indicators that I like whilerespecting all the values that define the stock maket
857 short after bearish hammerOpened below bearish hammer.
Filled next day, strong bullish hammer closed below 10MA, but slightly above both 100 and 200MA.
Risky trade in a hindsight we'll see how market decides soon.
Nice buy here Strong buy signal on 601857 (PETROCHINA COMPANY LIMITED)
- Strong support
- Bearish trendline breakout
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Buy now, the market decides to go upnow we see a good sign to change the trend. I recommend buying now, the market is going up sharply
when WTI and US oils rallied.. why is china's oil behind perhaps its high time for them to awake frm the dead and double bottom pending clearance at 3.05
Reversal in sight
PetroChina Wednesday, 23 June 2021
16:23 PM (WIB)
Everything still looks good.
The upside movement is on impulsive.
But need to carefully at 0.618 F as it could be shift on moving direction.
The target still at $6.5
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
PetroChinaWednesday, 9 June 2021
13:25 PM (WIB)
PetroChina Company Limited, together with its subsidiaries, engages in a range of petroleum related products, services, and activities in Mainland China and internationally.
It operates through Exploration and Production, Refining and Chemicals, Marketing, a
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Displays a symbol's price movements over previous years to identify recurring trends.