Total S.A. (Total) is an oil and gas company. The Company has three segments: an Upstream segment, including the activities of the exploration and production of hydrocarbons, and the activities of gas and power; a Refining & Chemicals segment constituting an industrial hub consisting of the activities of refining, petrochemicals and specialty chemicals, and also includes the activities of oil trading and shipping, and a Marketing & Services segment, including the activities of supply and marketing in the field of petroleum products, as well as the activity of New Energies.
Its Corporate segment includes holdings operating and financial activities. The Company operates in the renewable energies and power generation sectors.
It is engaged in various sectors of oil and gas industry, including upstream (hydrocarbon exploration, development and production) and downstream (refining, petrochemicals, specialty chemicals, trading and shipping of crude oil and petroleum products and marketing).
Our Proprietary Trading System indicates the following:
The Primary Trend (PT) given by the Global Monthly TIME BAR (GMTB) is currently Bearish
The Secondary Trend (ST), given by the Global Weekly TIME BAR (GWTB) is currently Bullish
The Medium Term Trend (MTT), given by the Global Daily TIME BAR (GDTB) is currently Bullish
The Short Term Trend (STT), given by the Global Four Hour TIME BAR (GFHTB) is currently Bearish
In light of the above trend analysis we will execute a bullish trade on Total S.A. (Total) as soon as the Global Four Hour TIME BAR (GFHTB) turn Bullish.
This will occur if price closed above $50.00
Global Entry Signal For Trade #1: Buy @ $50.00
Global Trailing Stop Loss Trade #1: @ $46.56
Global Target Profit Trade #1 : @ $77.70
Global Trade Management Strategy: We applied the Global Trailing Stop System for Global Trading Strategy #3.
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