Energy sector looking good as the Brent and Crude Oil price continue to going up.
In term of individual chart, PETRONM seem to have VCP SETUP that already developed C1, C2 and C3 for 71 days.
Looking good as low risk entry point spotted. <6% Risk.
Also match with Elliot Wave Theory - Wave 3!!!
Disclaimer:
The content provided is my personal experience sharing through technical and fundamental analysis point of view. The content can only be used for education purposes and NOT any recommendation for buying or selling stock. Please ask your remiser/dealer for making decision. Trade at Your Own Risk.
In term of individual chart, PETRONM seem to have VCP SETUP that already developed C1, C2 and C3 for 71 days.
Looking good as low risk entry point spotted. <6% Risk.
Also match with Elliot Wave Theory - Wave 3!!!
Disclaimer:
The content provided is my personal experience sharing through technical and fundamental analysis point of view. The content can only be used for education purposes and NOT any recommendation for buying or selling stock. Please ask your remiser/dealer for making decision. Trade at Your Own Risk.
