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bullrider_21 commented on a stock · 04/03 10:02

$Rex Intl(5WH.SG)$

$RH PetroGas(T13.SG)$ $Dyna-Mac(NO4.SG)$

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straco : What happened?

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teo ho 101661850 : 19.1 may be today highest price

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bullrider_21OP : OPEC+ cut production by 1 m bpd unexpectedly. The market may be happy with the management's reply to the Open Letter. There may also be a short squeeze. Some people may have shorted and are buying back.

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bullrider_21OP teo ho 101661850: I think it may rise to resistance around 0.20- 0.205.

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yt2021 : will it higher than 0.25?

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bullrider_21OP yt2021: May not. Depends on whether Brent crude will reach USD100 or not.

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