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16-Feb, VIC price has a strong upward momentum => It can have a diamond model. -Entry: P=43,500 -SL: P<40,600 -TP: P=60,300
I have been lazy this time to miss this market, however, it is in 3rd daily of 3rd weekly which is the body of the fish. Long CCL for an impulse wave which mean the price will move very fast
Price is right at the long term trend chanel. We will see a huge move to the previous ath. My expectations is 150 Let see.... ...it's confirmed when we see the firt big green bar around here.
The stock looks like moving in a flat correction wave which will finish the downward C wave in weekly frame
This wave drawing was drawn by me a month ago. While traders were excited about the stock as it was one of the top winners in the market last year, I found this, I bought a little bit and saw the momentum was very week at the time, so I sold all of them and escaped from the long position. This gonna take a long while for it to come back it seems.
The stock is in corrective wave in weekly frame and the price may go very complex. sit back and wait for what happen whether or not a zigzag or a flat in corrective weekly chart
This is one of the good stock in real estate, the movement of this wave is not so attractive, however, it is a long position, an impulse wave but the movement seems bored and sending out weak signal.
Petrovietnam Joint stock corporation Daily Analysis
Petrovietnam Joint stock corporation overall analysis