Bornoil Correction PriceBornoil at correction level, will moving up estimated 0.1. The price trend is at uptrend as the icciko indicator green cloud. It is estimated to bounce back to about 1 week plus. Good for investment in short term.
BORNOIL trade ideas
BOROIL - Waiting for pullbackIf August 2020 candlestick is Pinbar, I would wait for the price go down a bit before enter buy. Buy entry looking at 0.040 zone
Bornoil Break out or CLBornoil ideas.
Bornoil sedang cuba untuk membuat bullish flag patern. strong resistance berada pada harga 0.055 sen.
So the trading rules is :
Max entry price : 0.065sen
Cut loss jika harga jatuh bawah 0.055 sen
Take profit yg pertama pada harga 0.08 sen.. dan untuk swing trader take profit yg ke dua pada harga 0.09 sen..
Disclaimer : ini bukan buy Call dan sekadar trading ideas semata.. Trade at your own risk.
BORNOIL: Hot stocks! (or is it just hot hot chicken sh*t?)With the increase in gold price and recent news on BORNOIL, seem like people are rushing to get into this stock. However with the price of gold currently going downwards, BORNOIL may going down but with current Supply > Demand from the FOMO retailers, we could see this stock will be hot 'goreng' stock for the next few trading days.
Technical wise, a hug volume spotted which indicated strong momentum but by looking at its candle, probably not strong enough. However, should stronger momentum come to push the price, it need to break its highest price which was 0.09. To go even further, need to break 0.100. Its strong support spotted at 0.055
