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.
http://donovan-ang.blogspot.com/2018/05/hibiscus-petroleum-31-may-2018-thursday.html
