WASCO Stock Forum

$WASCO (5142.MY)$
Over the past year, Wasco has gained 24.5% to close at RM1.27 on Jan 8. While analysts expected slower growth in the local oil and gas sector, they are still positive on the sector.
They have a changed shift to defensive midstream companies and companies with regional exposure and capabilities such as Wasco. The integrated energy group has secured its first sustainability-linked loan of US$25 million (RM112 million) in November 2024.
Th...

$WASCO (5142.MY)$ who's buying quietly

$WASCO (5142.MY)$
Strong buy signal
Bullish momentum by the stochastic oscillator
A close above MYR1.14 is a strong entry point

The energy index on the Malaysia Stock Exchange has surged by 20% year-to-date. Meanwhile, the country's benchmark index, the FBM KLCI, has risen by about 10% this year.
Among the top 20 listed oil and gas companies observed, $PENERGY (5133.MY)$ has soared over 78% year-to-date, followed by $DAYANG (5141.MY)$ at 69% and $PERDANA (7108.MY)$ at 65%.
Potential Upsurge in Oil Prices
Exploration and production entities stand to gai...

$WASCO (5142.MY)$ Next resistance 1.7

$WASCO (5142.MY)$ Setting a new high

$WASCO (5142.MY)$ Nice ascending triangle