$CNOOC(00883)$ yesterday reach

$CNOOC(00883)$ 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.

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Comments

CharlesBaker
05-29
CharlesBaker
Holding on for the dividend next month sounds like a smart move.
BirdieO
05-29
BirdieO
It seems like $CNOOC(00883)$ has a lot of positive factors going for it.

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