Hibiscus Petroleum (KLSE: 5199): 29 December 2019, Sunday

Hibiscus Petroleum (KLSE: 5199): 

29 December 2019, Sunday

(Click on Technical Chart above to Expand)

Attached is the Updated Technicals for Hibiscus Petroleum (KLSE: 5199) that is listed in the KLSE. The stock has broken out of its intra-day critical resistance that was formed over a long period of time within the hourly chart, and is turning critical resistances into critical supports (refer to blue arrowed technicals). Golden Cross has also been executed, with price actions having the ability to consolidate above golden cross. This is bullish in nature. Note that in the long term Technicals of Hibiscus Petroleum, it has the ability to break up of 2.68 pivotal resistance set in 2013 and rally beyond 3.00 psychological resistance. This will be in line with crude oil's bullish cycle (target US$180 per barrel) as reiterated in the past few years. Current price is 0.95, and a move beyond 3.00 would represent multi-bagger gain for investors and longs traders, and an expected +1000% gain to my price entry of below 0.30 (refer to past track records).

The Donovan Norfolk Technical Rating:
Bullish

DISCLAIMER

This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

Hibiscus Petroleum (KLSE: 5199) & Financial Market Philosophy: 14 October 2018, Sunday, 11.00am Singapore Time

Hibiscus Petroleum (KLSE: 5199): 

14 October 2018, Sunday, 11.00am Singapore Time

(Click on Technical Chart above to Expand)

Attached is the Super-Cycle Technicals for Hibiscus Petroleum (KLSE: 5199). The Technicals was done recently when it was at $1.32. Current price is $1.18. This company from the energy-crude oil sector had been on a massively large re-accumulation as forewarned when it dipped just below $1.00 in the great healthy correction of mid-2018. Congrats if you had bought the dip against the herd's bearish noises. Hibiscus is currently on the Orange-Channel Long Term Trajectory within the Black-Channel Super-Cycle Trajectory -- as illustrated on chart.

The Peak of Orange Channel will hit the Peak of Black Channel within the next 3 to 5 years at $5.50. My Hibiscus shares bought at $0.26 will give me a returns of 21x (2100%) by then. By that time, many of my early followers would have achieved similar returns as well (refer to past live trade records as attached below). There are many of them, and in fact many of them expressed their appreciation to me. They are the quiet ones -- the often silent and low profile fans.

The trend is your best friend, and in my opinion and experience, it is never too late to buy on dips for momentous large-waved trends, especially when it occurs as big cyclic trend or super-cycles. If you had followed my analyses closely and went through all my technical processes and how I derived targets using holistic correlations, you would also know that the Super-Cycle Crude Oil Target Price is $175 per barrel for the current Secular Cycle.

Lastly, those who adopt a short term trading approach (gambling style), you need to think twice about your instant-gratification approach. If the sum of all your 1001 short term trades (which you thought you could even predict and pre-determine the X-axis timeframe) will outperform my +2100% single trade in the same timeframe summed up over 7-8 years (currently sitting at +453% returns), then I congratulate you for being such a pro. I merely need 2 such trades of 21x in my life to compound it into 21x21=441x (44100% in returns). Just 2 trades will snowball a sum of $10k into $4.41m, i.e. $100k into $40.41m. This is why even if you are a compulsive market gambler, you would still need a separate account of patience which is only for deep winners. 

Past Hibiscus Live Analyses:
http://donovan-ang.blogspot.com/search/label/Hibiscus%20Petroleum

Donovan Norfolk Ang

Funds Flow Analysis of Hibiscus Petroleum (KLSE: 5199): 4 June 2018, Monday, 9.55am Singapore Time

Funds Flow Analysis of Hibiscus Petroleum (KLSE: 5199): 
4 June 2018, Monday, 9.55am Singapore Time

(Click on FFA Chart above to Expand)

Attached is the Funds Flow of Hibiscus Petroleum that is listed in the KLSE (KLSE: 5199). This is the one stock which I had bought a lot in my declared live trades of the past 2 years, a stock which I had said is a high quality one. The first green circled region on FFA chart is where in 1H-2016 I made precision high profile live calls for WTI Crude Oil to bottom at $30.00 a barrel (refer to past track records). During the same time in 1H-2016, I had forewarned that quality oil-related companies will start to make a TRUE BOTTOM (refer to past track records too).

The first set of black circled regions is my live analysis on 20 October 2016, that I will be loading up as much Hibiscus Petroleum as possible at $0.26 (refer to past track records). My judgement back then was that it will rally more than +1000% from the buy point in sync with crude oil rock bottom.

The second set of black circled regions is my live analysis on 6 April 2017, that I will be loading up even more averaged up buys on Hibiscus Petroleum at $0.44-$0.46 (refer to past track records). With funds flow inflow even more than 2012-2015, I am one of the smart monies who made correct judgement with precision.

With the current rounding bottom of large scale in price consolidation/correction (using entire 1H-2018 for commodity stocks' correction), the funds flow inflow that is flooding in continues to be relentless. There is persistent funds flow inflow even during corrections and consolidations. The funds flow inflow for Hibiscus is some of the most consistent and strongest, suggesting this is a well managed company riding excellently on crude oil supercycle bull market. With funds flow inflow way more than its previous price peak at $2.75, I am expecting $2.00 resistance will be taken out easily and $2.75 historical high will be eventually challenged and broken upwards for my more than +1100% profits.

Donovan Norfolk Ang

Hibiscus Petroleum: 31 May 2018, Thursday, 11.58am Singapore Time

Hibiscus Petroleum: 

31 May 2018, Thursday, 11.58am Singapore Time

(Click on Technical Chart above to Expand)

Attached is the Technicals for Hibiscus Petroleum (KLSE: 5199). This company from the energy/crude oil sector has been on a massively large re-accumulation using a large Inverse Shoulder-Head-Shoulder price structure. The Inverse Neckline is at around $1.04 area and awaiting for break-up. The orange trajectory is the expected path after an inverse SHS breakout. The volume flow shows that fools had been selling and exiting while Smart Monies had been entering secretly. Next targets projected from the price structure will be $1.50 and $1.70 respectively, before $2.00 will be hit. My Hisbiscus bought at below $0.30 will give me more than +500% milestone. My eventual target is +1000% profits as reiterated in my live trades previously if you had been following me closely.

Past Hibiscus Live Analyses:
http://donovan-ang.blogspot.com/search/label/Hibiscus%20Petroleum

Donovan Norfolk Ang

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

Donovan Norfolk Ang

Hibiscus (KLSE: 5199): Calculating Smart Money Tide's Average Holding Price and Projection of Tide's Target, 22 February 2018, 12.55am Singapore Time

Hibiscus (KLSE: 5199): 

Calculating Smart Money Tide's Average Holding Price and Projection of Tide's Target,

22 February 2018, 12.55am Singapore Time

(Click on Technical Chart above to Expand)

Attached is the cards-counting approach applied on Hibiscus Petroleum in the calculation of Smart Money Tide's Average Holding Price and Projection of Tide's Target. Before we begin this approach, we would need certain assumption to be true: that the retailers often make up a fixed z% volume flow with a fixed y-std-deviation such that the volume flow can be stably in fixed proportion for smart monies in the market. With this in mind and the Pareto Principle in effect, the market volume can now be reasonably fixed as majority belonging to smart money tide without distortion of data from retailers' volumes (everything in fixed proportion).

The 1st dark brown wording region is where the initial mess-up of chips occurred as international crude oil market raced towards the bottom. The 2nd dark brown wording region is where the messing up of chips ended to mark the end of a bottom. 

This was then followed with Main Wave 1 with its volume flow as highlighted in 1st orange zone. In this 1st orange zone, the aggregated volume is around x. The smart money tide's first batch of grabs from all sell queues on offer as well as absorption at the buy queues occurred in the range of 0.40-0.56 with median = 0.48 for this batch.

After slight doldrum in volumes, this was then followed with Main Wave 2 with its volume flow as highlighted in 2nd orange zone. In this 2nd orange zone, the aggregated volume is around 2x, approximately twice the flow of Main Wave 1. The smart money tide's second batch of grabs from all sell queues on offer as well as absorption at the buy queues occurred in the range of 0.60-1.16 with median = 0.88 for this batch.

For the entire Main Wave 1 + Main Wave 2, the Smart Money Tide's Estimated Average Holding Price = (1x0.48+2x0.88)/3 = 0.74667 for Hibiscus Petroleum. 

Compare now to the purple circled region on chart: this is why Hibiscus Petroleum rebounded very sharply from 0.76000 right after early-February's worldwide market correction ended. Because smart money tide's majority stockpile of longs are at around 0.74667. They need to protect the stockpiles of longs. The high volume protection zone had been set up in DARK GREEN RECTANGLE. This is an invisibly and invincibly strong SUPPORT.

Now, for effective distribution to be able to take place in future, prices need to go to at least 3x 0.74667 = 2.240 target price. This makes current prices close to majority of stockpiles held by smart money tide. This is why current prices are still extremely cheap, because there is a lot of room for more than +100% profits (more multi-fold run to come).

The Donovan Norfolk Technical Rating:

Bullish 
with 
MULTI-FOLD PROFIT UPSIDE

Past Hibiscus Analyses and Track Records:
https://donovan-ang.blogspot.sg/search/label/Hibiscus%20Petroleum

Reference:

http://donovan-ang.blogspot.sg/2018/01/commodities-cyclical-upturn-to-come.html

https://donovan-ang.blogspot.sg/2018/01/crude-oil-target-us175-to-us180-per.html
https://donovan-ang.blogspot.sg/search/label/Reuters-Jefferies%20Commodities%20CRB%20Index
https://donovan-ang.blogspot.sg/2018/01/the-us-dollar-super-big-downwave-28.html
http://donovan-ang.blogspot.sg/2017/10/baltic-dry-index-shipping-industry-and.html

Additional Related (Optional to read):
https://donovan-ang.blogspot.sg/search/label/Light%20Crude%20Oil
http://donovan-ang.blogspot.sg/2018/02/hengyuan-refining-company-klse-4324-8.html
https://donovan-ang.blogspot.sg/search/label/SembCorp%20Marine

https://donovan-ang.blogspot.sg/search/label/Keppel%20Corp

Top 8 Commodity Stocks of Malaysia:
(These trenders will continue to go trending up powerfully and widen the gap from the pack)
http://donovan-ang.blogspot.sg/2018/01/commodities-cyclical-upturn-to-come.html

Donovan Norfolk Ang

Hibiscus Petroleum Next Target Price is 2.32: 14 February 2018, Wednesday, 7.05pm Singapore Time

Hibiscus Petroleum: 
14 February 2018, Wednesday, 7.05pm Singapore Time

Attached is the Technicals for Hibiscus Petroleum. It is ranked as the number 3 position in the top 8 must-buy stocks in Malaysia KLSE for 2018, 2019 and 2020 (see: http://donovan-ang.blogspot.sg/2018/01/commodities-cyclical-upturn-to-come.html). My first batch of buys in Hibiscus Petroleum was 0.26 in October 2016 and 2nd batch were 0.46 in April 2017 during when I had forewarned that these trades and investments will give me +500% to +1000% returns (see past analysis track records as attached: https://donovan-ang.blogspot.sg/search/label/Hibiscus%20Petroleum). This was pre-warned together with my fore-warnings of crude oil rock bottoms in 1H-2016. Hibiscus looks set to give close to +1000% returns for me on my first batch of buys and +500% returns on my 2nd batch of buys when my target price as calculated above hits. I will be adding a 3rd batch at current prices.

The green circled region shows where smart monies added even more buys using average up approaches, something that only smart monies, hedge funds, Jesse Livermoore, Soros and me will do. We do average ups, we never go for average downs. The series of volume flows illustrate how the tide of volumes pushed the price to higher ground. Impulsive volume of buys were met with corrective volume of sells that were done by retail day traders and retail investors who do not know what they are doing. The high volume in February has been the VOLUME ABSORPTION OF STOCKS ALL OVER MALAYSIA by smart hands and transfer of hands to other strong hands. The buying is coming back.

As the milestone pivot was deliberately created just before the February's extremely high fear with high VIX, this milestone is important for setting the next target price. The next target price of Hibiscus can now be calculated to be 2 x Milestone Pivot = 2 x 1.16 = 2.32. This represents a more than +100% upside of profits for Hibiscus and is similar to the extremely high upside that Hengyuan Refining Company has.

The Donovan Norfolk Technical Rating:

Bullish with Indefinitely High Upside

Past Hibiscus Analyses and Track Records:
https://donovan-ang.blogspot.sg/search/label/Hibiscus%20Petroleum

Reference:

http://donovan-ang.blogspot.sg/2018/01/commodities-cyclical-upturn-to-come.html

https://donovan-ang.blogspot.sg/2018/01/crude-oil-target-us175-to-us180-per.html
https://donovan-ang.blogspot.sg/search/label/Reuters-Jefferies%20Commodities%20CRB%20Index
https://donovan-ang.blogspot.sg/2018/01/the-us-dollar-super-big-downwave-28.html
http://donovan-ang.blogspot.sg/2017/10/baltic-dry-index-shipping-industry-and.html

Additional Related (Optional to read):
https://donovan-ang.blogspot.sg/search/label/Light%20Crude%20Oil
http://donovan-ang.blogspot.sg/2018/02/hengyuan-refining-company-klse-4324-8.html
https://donovan-ang.blogspot.sg/search/label/SembCorp%20Marine

https://donovan-ang.blogspot.sg/search/label/Keppel%20Corp

Top 8 Commodity Stocks of Malaysia:
(These trenders will continue to go trending up powerfully and widen the gap from the pack)
http://donovan-ang.blogspot.sg/2018/01/commodities-cyclical-upturn-to-come.html

Donovan Norfolk Ang

Commodities' Cyclical Upturn To Come: Which are the Malaysia's top 8 finest breed which will keep going up in 2018 with minimal risk and maximal upside? 8 January 2018, Monday, 1.58am Singapore Time

Commodities' Cyclical Upturn To Come: 

Which are the top 8 Malaysia's finest breed which will keep going up in 2018 with minimal risk and maximal upside?

8 January 2018, Monday, 1.58am Singapore Time

(Click on Technical Relativity Chart above to Enlarge)

Attached above is the Technicals of the Past Half-Year Trending Relativity of the commodity stocks in Malaysia. The FTSE ST Basic Materials Index is used for the bench-marking process and has been flattened to neutrality for the benchmarking. The litmus result yields the finest breed horse from among the soon to come cyclical upturn of commodity sector worldwide. In essence, we are obtaining the strongest horse and the strong horses that have at least 90% winning edge.

In the short-mid term going into 2018, Sino Hua-An and Heng Yuan came in as the cream of the crop. Hibiscus, Press Metal Aluminium Holdings, Malaysia Steel Works and Guan Chong Bhd make up the next layer of cream for the upcoming commodities cyclic boom. This is then followed by Southern Steel and Ann Joo Resources. The edge for these top 8 commodity stocks usually lasts long. They are generally performing far superior compared to the industry. The trend is likely to carry on in 2018 and 2019.

As these are the horses with the strongest legs and sufficiently high liquidity, all supports will be successfully absorbed by buy queues. They will have limited downside and maximal upside because the worldwide commodity sector's winter is to come to an end in 2018. 

The Donovan Norfolk Technical Rating:

Bullish

Worldwide Commodity Sector's Cyclical Winter is to come to an official end now

Important Reference:
https://donovan-ang.blogspot.sg/2018/01/reuters-jefferies-crb-index-commodities.html

Previous Related Analyses:
https://donovan-ang.blogspot.sg/search/label/Hibiscus%20Petroleum
https://donovan-ang.blogspot.sg/search/label/SPDR%20S%26P%20Metals%20and%20Mining
https://donovan-ang.blogspot.sg/search/label/Steel
https://donovan-ang.blogspot.sg/search/label/Commodities
https://donovan-ang.blogspot.sg/search/label/Light%20Crude%20Oil

Donovan Norfolk Ang

Hibiscus Petroleum: 6 April 2017, Thursday, 10.17am Singapore Time

Hibiscus Petroleum: 

6 April 2017, Thursday, 10.17am Singapore Time

(Click on the Technical Chart above to enlarge)

Attached is the technicals and volume flow of Hibiscus Petroleum, a stock that is listed in the Emerging Market of Malaysia KLSE. The RED Circled Region is my live warnings back in 2013-2014 to get out of the Crude Oil markets when Crude Oil was above $110, forewarning that Crude Oil will crash and get smashed down. Hibiscus Petroleum crashed more than -90% after my warnings. The RED Boxed Region is my live warnings on capitulation of Crude Oil market back in end-2015 and early-2016. The Green Boxed Region is my live forewarnings in 1H-2016 and 2H-2016 cautioning of rock bottom to be formed. The Green circled region in 2H-2016 is my reiteration to buy if one wants to get rich exponentially fast:
http://donovan-ang.blogspot.sg/2016/10/hibiscus-petroleum-20-october-2016.html

The milestones have been reached repeatedly, one after another, with precision.
There is more to come. I am buying as much as I can.

Target: 
Multifold, multi-bagger.
At least +300% ballistic upside from my called bottom and expected at least +500% to +1000% profits when bull market ends.

LONG TERM:

BIG BOTTOMING / ROCK BOTTOM

MID TERM:

UPTREND

SHORT TERM:

ESTABLISHMENT OF MINOR SUPPORTS THROUGH RETRACEMENT

All Hibiscus Petroleum Analyses:
https://donovan-ang.blogspot.sg/search/label/Hibiscus%20Petroleum

Donovan Norfolk Ang

HIBISCUS PETROLEUM: 20 October 2016, Thursday, 11.42pm Singapore Time

HIBISCUS PETROLEUM: 
20 October 2016, Thursday, 11.42pm Singapore Time

Attached above is the technicals of Hibiscus Petroleum Bhd, a crude oil related stock that is listed in the KLSE Market.
1. Pink Rounding Bottom
2. Red High Volume Sell-off was followed by Orange Re-accumulation Phase using Bullish Fan Structure and Green High Volume Buying
3. Bullish Blue Fan Price Structure

I am buying as much as I can cheaply.
Worldwide Crude oil related industries have bottomed.
Crude oil related stocks will continue to rally in 2017.

(Profit Target: at least +1000% from here)

DNA Technical Rating:

【Worldwide stock markets to have synchronized super rally in 2H-2016 and 2017.】

All Hibiscus Petroleum Analyses:
https://donovan-ang.blogspot.sg/search/label/Hibiscus%20Petroleum

Donovan Norfolk Ang