WE HAD CAME UP WITH A REPORT ON GULF OIL IN JAN TO BUY GULF OIL AT 95 LEVELS ATER THAT STOCK ZOOMED TO HIT 130 LEVELS NOW ITS LOOK INTRESTING IS IN CONSOLIDATION PHASE AGIAN CAN BUY THE STOCK BETWEEN 120-125 FOR TGT 140 AND ON SUCCESSFUL BREAK OUT ABV 140 CAN BA ANOTHER MULTIBAGGER IN MAKINGGGG
HERE WAS THE REPORT SENT IN JAN WHEN STOCK WAS QUOTING BELOW 100 LEVELS
Bulls
have launched a new Momentum stock up in the air called Gulf Oil. But
the question: Will the Momentum Launch be successful?
Let us look at the Launch: Here’s how the daily stock chart looks
As you
can see in the chart above: Gulf Oil Corporation stock took off in a big
way in last few days from 86 to 110. Now in last two days, stock has
pulled back and the pullback is being see as great entry opportunity.
Here’s why: Look at the setup on weekly chart
As you can
see in the weekly chart above: Gulf Oil Corporation stock has been
trying to cross above 100 for years now and it seems this week, the
stock may be successful. Today is Friday and if stock closes above 100 –
it will be a decisive breakout. Based on this assumption – one can buy
and assume that breakout may happen. But if stock on Friday closes below
96, then one should exit and wait for the breakout to happen. At this
point of time, we can only assume that breakout may happen considering
supportive environment and the volumes stock has clocked recently.
We
invite you to become Premium member of the website and get access to
all our recommendations. WE just charge 2500 rs/pm .To join us plz mail
us to trendzofmarket@gmail.com
