AI
Tuesday, March 08, 2022 7:01:18 AM
DD! RCON is China's first NASDAQ-listed non-state owned oil and gas field service company!
Since the ascent in oil and gas costs from the year 2021, RCON’s significant clients, China’s oil organizations’ exhibitions have been improving, Recon’s business is additionally profiting from this pattern.
RCON - what hell of a chart! With just a 11m MC joke !!! (as was IMPP 3 weeks ago with 6 MC...!)
https://stockcharts.com/h-sc/ui?s=RCON
It`s going better - this was @$12 9 month ago...!
RSI(14) going to go to power zone!!!
PPS marked 52 week low last week... now PPS is waking up...!
Last days HEAVY volume comning in - w/ PPS increasing!!!
Recon Technology Ltd Financials
Market Cap $ 11.45M
Shares in Issue 7.20M
Float 25.58M
Revenue $ 7.42M
Profit/Loss -5.07M
EPS $ -0.28
PE Ratio $ -4.0
Recon supplies China's largest oil exploration companies, Sinopec (NYSE: SNP) and The China National Petroleum Corporation ("CNPC"), with advanced automated technologies, efficient gathering and transportation equipment and reservoir stimulation measure for increasing petroleum extraction levels, reducing impurities and lowering production costs. Through the years, RCON has taken leading positions on several segmented markets of the oil and gas filed service industry. RCON also has developed stable long-term cooperation relationship with its major clients, and its products and service are also well accepted by clients.
$$$ RCON huge breakout chart $$$
Since the ascent in oil and gas costs from the year 2021, RCON’s significant clients, China’s oil organizations’ exhibitions have been improving, Recon’s business is additionally profiting from this pattern.
RCON - what hell of a chart! With just a 11m MC joke !!! (as was IMPP 3 weeks ago with 6 MC...!)
https://stockcharts.com/h-sc/ui?s=RCON
It`s going better - this was @$12 9 month ago...!
RSI(14) going to go to power zone!!!
PPS marked 52 week low last week... now PPS is waking up...!
Last days HEAVY volume comning in - w/ PPS increasing!!!
Recon Technology Ltd Financials
Market Cap $ 11.45M
Shares in Issue 7.20M
Float 25.58M
Revenue $ 7.42M
Profit/Loss -5.07M
EPS $ -0.28
PE Ratio $ -4.0
Recon supplies China's largest oil exploration companies, Sinopec (NYSE: SNP) and The China National Petroleum Corporation ("CNPC"), with advanced automated technologies, efficient gathering and transportation equipment and reservoir stimulation measure for increasing petroleum extraction levels, reducing impurities and lowering production costs. Through the years, RCON has taken leading positions on several segmented markets of the oil and gas filed service industry. RCON also has developed stable long-term cooperation relationship with its major clients, and its products and service are also well accepted by clients.
$$$ RCON huge breakout chart $$$
