HIBISCUS PETROLEUM BHD

Long

Updated

SHORT / MEDIUM TERM TRADE - HIBISC - UPTREND CHANNEL

HIBISC, a profitable company, chart is uptrending. Resistance at T1 with stoploss at / below S1. if break T1, next potential resistance is T2. Price is trading within uptrend channel.

Note

Short term target revised to previous high, 0.955.

Note

Target reached short term target, as well as close to T1.

Traders can take profit half or 2/3 and leave the rest for T1 and T2

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