With the increase in gold price and recent news on BORNOIL, seem like people are rushing to get into this stock. However with the price of gold currently going downwards, BORNOIL may going down but with current Supply > Demand from the FOMO retailers, we could see this stock will be hot 'goreng' stock for the next few trading days.
Technical wise, a hug volume spotted which indicated strong momentum but by looking at its candle, probably not strong enough. However, should stronger momentum come to push the price, it need to break its highest price which was 0.09. To go even further, need to break 0.100. Its strong support spotted at 0.055
Technical wise, a hug volume spotted which indicated strong momentum but by looking at its candle, probably not strong enough. However, should stronger momentum come to push the price, it need to break its highest price which was 0.09. To go even further, need to break 0.100. Its strong support spotted at 0.055