. "Oil price is running high not solely depends on middle east tension!!
Oil Bullish Factors as for now are ...
1. Middle East Tension.
2. Raising Oil Demand for India and China
2. Disciplined Production Cuts of OPEC/NON OPEC
3. Saudi Aim Oil Price at USD80
"Yet, all of the aforementioned tensions, a projected uptick in Indian and Chinese crude demand, concerted cuts by OPEC and 10 non-OPEC oil producers to the tune of 1.8 million barrels per day (bpd), and Saudi hints at supporting a $80 oil price, have only managed to take the Brent front-month futures contract price to a Friday (13 April) close of $72.58 per barrel."
Sapnrg rsi 70% i still believe can go higher but i locked profit first and see how it goes ths week. A stock will not continue uptrend every week. Time sapnrg to corrction will come shortly and rebound later.
Hibiscuss at 50% still can move to rm1 and will buy a bit also later.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
edison5351
236 posts
Posted by edison5351 > 2018-04-13 16:57 | Report Abuse
i jz sell al my sapura. hhahaha all in umwog more gap to grow