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RH PetroGas
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Oil and Gas counters are volatile
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Contratrader
Elite |
10-Mar-2022 11:49
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Oil got some support at 110...most oil stocks meet short term support ...let' s see how it goes from here... | ||||
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lp2000
Elite |
10-Mar-2022 11:42
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yeh, at  https://oilprice.com/oil-price-charts/#Brent-Crude on the front page they are still wondering if $150 is inevitable... meanwhile Brent reached 113 again today, and some analysts say we may see 120 back by tomorrow...not easy to know what it would be... RH seems to be resting now around 340 (~14%), while rex is at -9%  
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GoodLearner
Senior |
10-Mar-2022 11:18
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No eye see if oil price suddenly makes a U-turn. Don' t forget, the War is still on-going.  | ||||
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satruz
Master |
10-Mar-2022 11:16
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Starting to recover slowly
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lp2000
Elite |
10-Mar-2022 11:07
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I guess most of the contras should have sold already at the gap down not to wait so low. it seems to be getting a bit of power up, not to be a bull trap though.
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s100125
Elite |
10-Mar-2022 11:02
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Better to stay out for now as too unpredictable as oil suddenly took a hit last night.
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lp2000
Elite |
10-Mar-2022 10:59
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Brent oil is moving slowly up again...111
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TraderBen
Supreme |
10-Mar-2022 10:54
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might need to hold on for awhile as the forced sellings will set in on monday and tues..
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Stocky901
Supreme |
10-Mar-2022 10:53
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Contra players panic selling now to avoid margin calls. Be very careful. Likely to hit 30 cents this week. | ||||
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easywin
Supreme |
10-Mar-2022 10:52
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Mistake, look like getting cheaper 
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s100125
Elite |
10-Mar-2022 10:50
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Durian dropping like no body business. | ||||
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Slowturtle
Senior |
10-Mar-2022 10:43
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Did not expect the dip to be so sharp. Covered too early. | ||||
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lp2000
Elite |
10-Mar-2022 10:26
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yeh, bottom seems to be lower than expected :-)
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NEWCOW
Member |
10-Mar-2022 10:25
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As expected, RH moves up & down faster than REX....a lot of contra player came in last week. Only those day trader win....![]() |
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LowLow12
Elite |
10-Mar-2022 10:17
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Walao
335 also have now Great Singapore sale come early Reaching the price I sold soon 325. Gap covered A lot of short term contras must be licking wounds now |
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easywin
Supreme |
10-Mar-2022 09:29
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Managed to pick up some at 0.345, hopefully is the right choice | ||||
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Slowturtle
Senior |
10-Mar-2022 09:25
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Wow. This is a CPFIS counter, unlike Rex. Those who buy into it have holding power. | ||||
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Slowturtle
Senior |
10-Mar-2022 09:22
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Those buying on margins chialat. Have to close. Suspect after all this selling frenzy could inch up again. Not much gains when going short. Now like settling at 0.35. | ||||
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lp2000
Elite |
10-Mar-2022 09:22
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somebody (i think traderben) mentioned earlier that there was a gap between 340-370 need it to be filled before moving up again, i guess that was the same for the crude oil... it could be a good timing to accumulate if you have deep pockets... both RH and Rex stopped the sharp fall now and the price seems to consolidate and start moving up slighlty  | ||||
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TraderBen
Supreme |
10-Mar-2022 09:18
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monitor abit 1st.. many may be caught with forced selling in the coming days.. those who bought at high..
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