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Tuesday, 30 August 2016

Philex Petroleum Corp Technical Analysis: 30 August 2016, Tuesday, 8.23am Singapore Time


Philex Petroleum Corp Technical Analysis: 
30 August 2016, Tuesday, 8.23am Singapore Time

Attached is the technicals for Philex Petroleum Corp that is listed in the PSE Philippines Stock Market.
The strong buy-up interest in the volumes and the disinterest in selling from the volumes in this stock means that this stock has some more legs to go up. This is even especially true because 2H-2016 and 2017 will see stock market super rally worldwide.
Bullish.

Side-note:
Malaysia, Philippines, Singapore, US oil related stocks are all having smart money buy intentions in 2H-2016. Refer to all previous technical charts.


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