Friday, 6 April 2018

Funds Flow Analysis of Hibiscus Petroleum (KLSE: 5199): 6 April 2018, Friday, 12.31am Singapore Time

Funds Flow Analysis of Hibiscus Petroleum (KLSE: 5199): 
6 April 2018, Friday, 12.31am Singapore Time
(Click on FFA Chart above to Expand)

Attached is the Funds Flow on Hibiscus Petroleum (KLSE: 5199). In 3Q-2016, Hibiscus Petroleum flipped from Sellers' Market to Buyers' Market based on the funds flow. This was where I had longed Hibiscus significantly on 21 October 2016 at 26 cents (refer to past analysis track records on reference links attached below). I had posted live Technical Analysis back then on 20 October 2016. Hibiscus Petroleum has currently retraced from 1.14 to 0.765, however it remains very much a buyers' market just like crude oil stocks all over the world. I am sitting on +194% profits, a returns of 2.94x. However, I am gunning for at least +1000% profits because of crude oil supercycle which I had analysed early this year. Based on the FFA, it is conclusive that weak minded retailers who do not understand economic cycles are the ones anyhow selling with their own self-cooked and self-inflicted imaginary fear in this market shakeout.

Past Hibiscus Petroleum Technical Analysis:
http://donovan-ang.blogspot.sg/2016/10/hibiscus-petroleum-20-october-2016.html


No comments:

Post a Comment