This setup is still available, starting to find support around $63.35/barrel. Hoping that we pull down to support level again to we can grab an entry here. Stocks change data out today to be cautious of too.
Evidence of a head and shoulders pattern forming.
Already developed shoulder and a head structure.
Using FIB Retracement, designed a the first bottom that will decide the supporting line for the price in May 2021
Does this chart indicate a potential period of consolidation before strong bullish momentum?
This is my first attempt at "detailed" analysis of a chart form my last few weeks of learning. Please be mindful of this. 😬
From the notes on my chart my analysis is that there may be a period of consolidation that might give a buy point of SEDG around 311.
USDWTI H4 - Waited for this breakout last week but we never saw it. Many rejections from just shy of $43/b, ideally looking to break upside of this and retest in the region of $42.85, from here, looking to jump involved with the long move.
USDWTI H4 - Breakout already seen, looking for a retest to find support and then upside continuations. As lockdowns and government restrictions ease, we should see continued increase in WTI and XTI and aviation and motor industries start picking up again, obviously s/d.
Brent Crude Oil has been dominated by the bears due to the weak fundamentals and oversupply, demand constraint and insufficient OPEC+ agreement. Brent price dipped again after a short euphoria on the OPEC+ agreement reflecting conflicting vision on traders and investors. Having said that, the Technical Analysis reflects the market is re-testing the lower 20s range...
Strong earnings, PPA's signed with a further commitment of 1.5/GW. 2019 net profit was over USD 2 Billion with net earnings attritbutable to equity share holders was over USD 1.1 billion. A combined portfolio of over 3.5 GW; therefore earnings will be accelerated.
Carbon as a market has been following very closely technical signs in 2018. European Commision introduced Market Stability Reserve (MSR) a policy that aims to reduce the surplus of carbon allowances we are currently seeing in this market.
This analysis argues that EUAs tested the 21.40 three times but failed to breach it. That said, the triple top formation never...
This is my first post, so I'll keep it short.
Fundamentally: Bullish. This company is expected to start pumping oil in early 2019. Keep an eye on oil prices.
Technically: After going below the 200MA on daily chart, I think there's strong potential to get a better entry so rather than illustrate a stop, I've attempted to include an accumulation...
No sign of a bull move yet although RSI is on an ascending channel since the drop.
Support is being held here and sells dried up.
Looking for that break above the 20ma to bring more bullish sentiment to TLOU.
Biased view as I'm a long term holder of TLOU although I sliced 50% at 110% from my average entry at 5p. Free profit at moment.