jasontkj

jasontkj Updated 

Another attempt to break this major resistance level again. Breaking this 0.580 resistance level is crucial to keep investor momentum going and in order to chart higher highs and lows in the near future. Another major resistance level after that would be at 0.625 area. Will need to monitor first. Personally i think it is only worth entering if it breaks above 0.625.

jasontkj Updated 

Healthy upward trending counter. It has been consistently undergoing minor flag breakouts along the uptrend line. Would be good for short term trade if it can break above the immediate resistance 1.620 level. EP: 1.625 TP: 1.785 CL: 1.550

jasontkj

Similar to most upstream oil players, it is showing a triangle formation. While it is clear the low highers have been forming over the past few weeks, it is not so clear about the lower lows. Weak economic sentiment and poor investor confidence in O&G since the crash ( in late april) will be a driving factor to determine the price for these counters. If the...

jasontkj

Seems like forming a descending triangle pattern. High potential of breakout and go higher. Currently sitting on a major resistance turn support line. EP: 1.50-1.52 TP: 1.65-1.75 CL: 1.30

jasontkj

Ascending triangle breakout earlier. Looks like a premature breakout. Nonetheless, it closed at above resistance turn support line. Will need to monitor to see if it will fall back further for potential entry.

jasontkj

sitting on uptrend support line at the moment. Will need to observe to see if the trend will be violated or not. If not violated may be good for a long position. Need to relook to see if it will bounce back up from uptrend support line to create higher lows. EP: 3.510-3.540

jasontkj

Flag breakout earlier and then retraced back. Uptrend line still intact. Relook later if it retraces more for potential entry EP: 0.830