Philips 66 (NYSE: PSX):
25 February 2018, Sunday, 11.04am Singapore Time
(Click on Technical Chart Above to Expand)
Attached above is the Technicals for Philips 66, a quality crude oil related stock listed in NYSE. The dark green shaded region is The Donovan Norfolk Live Analysis Buys on Philips 66 on 28 July 2016. Philips 66 has since gone on to execute a large bullish ascending triangle brewing for large price up-moves. The current light green zone is the large scale backtest of resistance-turned-support for upmove of the following characteristics: 1. Long Term Rally 2. Rally of Significant Magnitude. Buy as much crude oil and energy related stocks as possible for the February 2018 support-backtest operations conducted worldwide. Quality oil stocks will spend 2018 and 2019 in full rally mode.
Past Philips 66 Analyses:
No comments:
Post a Comment