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DHZW PetroCH 5xShortSG231012

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  • 0.002
  • 0.0000.00%
10min DelayTrading Oct 5 16:00 CST
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    Hi guys! Anyone looking at going for a sell for $PETROCHINA (00857.HK)$?
    Price has been moving in a descending trendline and is below ichimoku cloud, which supports my bearish bias. However, i will only go in for a sell if price breaks through the level of support at 3.892 in line with the 50% fibonacci retracement and 61.8% fibonacci projection. There is a high level of barrier at the first level of resistance, 3.995, due to the area of confluence from the 78.6% ...
    Bearish momentum for PetroChina?
    This integrated oil company in China which is one of the largest producers of crude oil and natural gas in the world has witnessed the Zacks Consensus Estimate for its current-year earnings increasing nearly 19.3% over the last 60 days. PetroChina Company Limited company has a dividend yield of 7.31%, compared with the industry average of 3.77%.
    PetroChina Co. Ltd. engages in the petroleum-related products, services and activities. It operates thro...
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