$CNOOC(00883)$ yesterday reached all time high after bouncing off 50DMA, and with that tailwind of rising oil prices, it is poised to easily breach the $21 psychological resistance. This move is also definitely supported by brokers upgrade and recommendations for SOE reform beneficiaries. No doubt others on the list will also benefit but I'm holding on to $CNOOC(00883)$ for dividend next month.
Winning Trades
Share your positions with us! This is a column where you can find the winning trades of our fellow tigers. There probably are a few potential opportunities that you may have overlooked.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments