![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjAOpM__nRcsGvmyOsoPAmQeaKmZ-SjRPfwhEoaChzBw6j159PuNoIvd-B2KthayfS6zQT6SmPCTSTnYGV92ZXtDXn-WtH44CUwLOQy9Csxd5yj3b6kO9z_cCKqUFcgd-0hFWcS5UGGhNw8/s400/2007Jul-AP+Oil-640x588.png)
AP Oil is currently under consolidation. It is trading within the range of 0.365~0.38.
MACD still looking to crossover the zero centerline while RSI and Stochastic have already picking up. If price close above the opening price today, we will see the MACD getting nearer to the centerline. Once the MACD has crossover and above the zero centerline, we may see the price moving up further with resistance at 0.385 follow by 0.41.
3 comments:
Thanks for sharing with me your study on AP Oil....its moving up!
You are welcome. May I know you are...?
reymund here...too bad its coming down liao...but so does all the rest of the stock...guess I shall be holding on and wait for the sun to shine again
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