Get started
RizeSenpai

W&T Offshore: Holding Above Supply Line and Support

Long
W&T Offshore, Inc. (NYSE:WTI)  
RizeSenpai  
NYSE:WTI   W&T Offshore, Inc.
Chart Patterns Trend Analysis Wave Analysis Natural Gas invertedheadandshoulders iceline bumpandrunreversalbottom supportandresistancezones
7
3
chartpattern trendanalysis waveanalysis naturalgas invertedheadandshoulders iceline bumpandrunreversalbottom supportandresistancezones
Right now WTI is breaking above the Supply Line of what looks to be some kind of Bump and Run Reversal Bottom at an Ice Line while forming somewhat of an Inverted Head and Shoulders Pattern. If this level holds we could see it go for the next major level of support/resistance all the way up at $44.57

Related Ideas

RizeSenpai
NATGASUSD Is About to Start Outperforming WTICOUSD
RizeSenpai
Tellurian: Weekly Bullish Engulfing Falling Wedge Breakout
RizeSenpai
BPT: Bullish Bat
RizeSenpai
$GASS: Challenging a Supply Line at a Support Floor
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.