Pure Hydrogen is planning to develop hydrogen refuelling hubs on the East Coast of Australia in order to
supply local customers with Hydrogen fuel at the required pressure of 35 or 70 MPa. These sites will be
used to refuel motor vehicles (especially trucks) powered by Hydrogen gas. H2H’s refuelling stations are
expected to be supplied to Pure Hydrogen when the...
As I have been watching energy sector over the last couple months, I can conclude that the underperformed sector will make a good recovery into 2021.
My top pick in ASX20 is Woodside Petroleum. Recently closing its gap up, WPL will make its bullish continuation for upcoming weeks and months.
My immediate price target is at $29 level with a potential upside...
Looking to breakout from a long term wedge.
Confirmation of trade via:
1) Weekly close above resistance or below support
2) Substantial increase in volume
WPL is very volatile so entries are key to this market. aggressive entry at the .618 and long term support entry at the 1.618. Overall I am short on WPL.
With OPEC looking likely to raise the official oil price as oil fracking in the U.S starts to slow & the Saudis cutting oil prices, a surge in the price of most oil & petroleum companies is almost guaranteed. But the question is "how soon?". Looking at the current price of WPL and past chart patterns show that the price surge could be very, very soon.
