PetroChina (HKG:0857) Possible Price Correction Towards 5.25

PetroChina (HKG:0857) Possible Price Correction Towards 5.25






PetroChina (HKG:0857) Possible Price Correction Towards 5.25 Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are ranging. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 5.25. The projected upper bound is: 5.11. The projected lower bound […]






PetroChina (HKG:0857) Bullish Divergence

PetroChina (HKG:0857) Bullish Divergence






PetroChina (HKG:0857) Bullish Divergence   Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 5.33. The projected upper bound is: 5.43. The projected lower bound is: 5.01. The projected closing price is: 5.22. Candlesticks A black body […]






PetroChina Company (HKG:0857) Volatility is Extremely Low

PetroChina Company (HKG:0857) Volatility is Extremely Low






PetroChina Company (HKG:0857) Volatility is Extremely Low Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are ranging. The projected upper bound is: 5.44. The projected lower bound is: 5.02. The projected closing price is: 5.23. Candlesticks A white body occurred (because prices closed higher than they opened). During […]






PetroChina Company Limited (HKG:0857) 中國石油股份 Trading Outlook

PetroChina Company Limited (HKG:0857) 中國石油股份 Trading Outlook






PetroChina Company Limited (HKG:0857) 中國石油股份 Trading Outlook PETROCHINA closed up 0.130 at 5.720. Volume was 17% above average (neutral) and Bollinger Bands were 35% narrower than normal. Open High Low Close Volume___ 5.640 5.760 5.590 5.720 108,627,224 Technical Outlook Short Term: Overbought Intermediate Term: Bearish Long Term: Bullish Moving Averages: 10-period 50-period 200-period Close: 5.43 […]