Latest Forum Topics /
Rex Intl
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Rex International
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SgYuan
Supreme |
06-Jun-2019 11:56
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uptrend ew
w0 55 w1?69 w2? w1 14 w2 9 tgt 60 dn 61.8% - if supported w3 come - else wc ext ew w5 continue - w5 tgt 49 delta 20 dn 50% of w1+w3 40 got profit take money in pocket first
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kt3152
Supreme |
06-Jun-2019 11:43
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67 looks a better price yo short but still have risk if BB Decide to push to 70...
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SgYuan
Supreme |
06-Jun-2019 11:43
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up wave abc 55 64 ?58 ?67
wa 55 64 delta 9 wb 64 ?58 px hit 61 uturn wc 61 ?70 - px hit 69 Got profit take
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guards80
Supreme |
06-Jun-2019 11:37
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not yet. still early. and short too early :P
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trademaster
Supreme |
06-Jun-2019 11:37
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U not yet covered shorts at 66?
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guards80
Supreme |
06-Jun-2019 11:35
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profit taking. its time going down....... | ||||
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speed88
Member |
06-Jun-2019 10:55
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Becareful if you thinking of shorting.  Last Dec was 5,7c+ then rallied a lot to 8c before they announced divestment (maybe already leaked news?)  then when news out spiked up to 9.9c.  So almost up 100%.  Now $43m in the pocket and thats a lot of money for them.  Let see if can go to 8c..
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guards80
Supreme |
06-Jun-2019 10:46
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Think should be the last 2 or 3day news. Should be going down soon. And back to square? | ||||
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guards80
Supreme |
06-Jun-2019 10:43
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Oh. Huat to you. 👌
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luckyboy22
Supreme |
06-Jun-2019 10:42
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Strong selling and profit taking will depress the price. Likely to go below 65 
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trademaster
Supreme |
06-Jun-2019 10:36
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Look at the chart now, very nice reversal confirmed. Buy before chart confirm reversal to maximise profits.
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luckyfa
Elite |
06-Jun-2019 10:35
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Once oil flows out....money money $$$$ come come for Rex..... | ||||
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makdatok
Supreme |
06-Jun-2019 10:32
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62 long closed st 67..pheewiit | ||||
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Berani
Elite |
06-Jun-2019 10:31
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for shortist - lesson leaern is when REX got announcement. DUN PLAY PLAY | ||||
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trademaster
Supreme |
06-Jun-2019 10:31
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No, as mentioned, i cut loss at 76-78 level for those long term holdings i bought at 81-82. I am not god, i buy in in batches thereafter.
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guards80
Supreme |
06-Jun-2019 10:26
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Haha hmm think u say when on 70 above also
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LongNobley
Master |
06-Jun-2019 10:26
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Exactly. The past 2 days, DJ went up so so much. Oil price stabilized at this price. Everyone' s looking to cover their shorts. Plus no new shorts at this low price. The price can only go up from here. Moreover Rex has released announcement that it has secured the money from the Norway sale, it' s a very positive news for this risky and volatile counter. Good sentiments here.  BB and everyone else are banking on tonight or tomorrow night when oil price go up 2 - 3%, then you will really see Rex flying. For now, keep a close watch on oil counters such as Keppel, Sembcorp, Kris and Mermaid.
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benjidog
Supreme |
06-Jun-2019 10:16
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Nice Reversal Rex gets 43M in pocket (Completion) Good to have $ in pocket Then can go to banks and ask for more $ start production  
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trademaster
Supreme |
06-Jun-2019 10:11
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Oil stocks has priced in drop in oil px. With oil px near bottom, oil stocks has bottomed out too. Funds are covering back their shorts and going long. 
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LongNobley
Master |
06-Jun-2019 10:04
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Rex  Strong Buy TP: 75 |
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