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Tuesday, 30 August 2016

BORNOIL Technical Analysis: 30 August 2016, Tuesday, 8.37am Singapore Time

BORNOIL Technical Analysis: 
30 August 2016, Tuesday, 8.37am Singapore Time

Attached is the technicals for BORNOIL that is listed in the KLSE Malaysian 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 a lot more legs to go up and is warming up and re-starting an entirely new wave of up-move. This is even especially true because 2H-2016 and 2017 will see stock markets having super rally worldwide. Bullish. Smart Monies' declaration that this oil related stock will break up 0.212 is as illustrated in chart. Lucrative up-move is coming.

Side-Note:
Malaysia, Philippines, Singapore, US oil related stocks are all having smart money buy intentions in 2H-2016.

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