will it breaks out – Singapore Stocks | How To Trade CFD | Andy Yew
Rex International has been trading in side way for quite some time, however recently are there some signs that bankers are accumulating this stock? If there isn’t any accumulating activities, the stock price would have dropped below support level 0.57. The question is will it breaks above it strong resistant 0.66? Let see how it perform !
Company background:
The Company, through
its subsidiaries (collectively, the “Group”), is principally
engaged in business of oil and gas production. The Group has concessions which
are located in the Middle East, Norway and the United States of America. The
Group co-operates with several partners in the development, management and
operation of its concessions and licences. In respect of its oil and gas
exploration activities, the Group applies Rex Technologies, a set of proprietary
and innovative exploration technologies, which provide the ability to accurately
visualise and predict the location of liquid hydrocarbons in the
sub-terrain.
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will it breaks out – Singapore Stocks | How To Trade CFD | Andy Yew
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