RECAP: Back in May 25, 2022, Nordex issued a profit warning and its stock was down -17.05%. The new estimates where: FY2022 PROFIT WARNING ESTIMATES FROM MAY 2022 (Source: Nordex's IR website section): – FY2022 Consolidated sales: EUR 5.2 to 5.7 billion – FY2022 EBITDA-margin: minus 4 to 0 percent, including all one-off effects - Capital expenditure: EUR 180...
Good morning traders! Haven't posted in a while since I took my time to teach the new guy I started working with, I'm sharing with you today my trade on NATURALGAS which is a short one. Sell and set TP and SL at your own risk! For more questions don't hesitate to ask!
Good morning and good afternoon dear traders! Today's trade on CRUDE OIL was quick since we got an early squeeze on the chart and we closed to take our profit on this market, we're still holding our positions on NATURALGAS and ZB1!. For any questions or markets to analyze leave a comment below!
Good morning traders! This morning I'm sharing with you the trade my clients and I got in on NATURALGAS, I used to share the CL1! but since it's already on the move I'll keep waiting for a new trend to begin. Well, as you can see the price was consolidating before breaking the channel, once it did with a high volume, it decided to come pull back on it, if you're...
On the chart, we can see a rising wedge holding its support, which we expect a breakout of. Overall, the energy sector have been performing extremely well during the last year, as a result from the Ukrainian/Russian war, but has been dumped big time during the first quarter of 2023, and we therefore expect the rest of the stocks from the sector to follow this...
Looking at the ET Energy Transfer options chain, i would buy the $13 strike price Calls with 2023-4-21 expiration date for about $0.80 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it.
Alright folks, let's talk about Alantra, the Spanish financial company that's making some big moves in the sustainability and energy sectors. They recently made some key hires that really demonstrate their commitment to these areas. They brought on Francois de Rugy, a former French politician who's an expert in environmental, social, and governance issues. He's...
NYSE:OXY - Elliott wave Analysis Warren Buffet bought OXY in Q1,Q2 and Q3 of 2022. We can't all be Buffets but a a good setup might be in place right now. A clear upward impulse wave starting in October 2020, with an extended third wave that reached its peak on May 31, 2022. Since then, we have been witnessing a period of consolidation in the form of a...
Solar Integrated Roofing Corp (OTCPK: SIRC) stock gained 27% on February 2nd and saw a total gain of 100% in the last one week. The company announced a $25 million drawdown term note from an institutional investor with a 6% interest rate and a 5% discount. The CEO believes the term note and cost control efforts will help optimize operating cash flows and...
Might be bottomed here, mothly stoch rsi shows weakness. Would say DCA down to $5 to catch this monster move.
SLB consolidating inside an ascending triangle with possible breakout to ATH (all time high) levels above $56 Shrinking Volumes with price in consolidation showing base formation for breakout to higher levels SLB is an outperforming stock in a strong sector $SPN
Energy stocks have been holding their gains of the last two years following a pullback in early December. Now one of the biggest names could have signs of resuming its uptrend: Chevron The first pattern on today’s chart is the series of higher lows since December 16. CVX probed the December 27 close near $177.50 several times during this period. The result has...
Sometimes you get a trade idea that gives you both fundamentals and technicals coming together. I think this is one of those. RUN Technical Thesis: With the primary thesis on this trade being the fundamental story, it's nice to have some technical confluence here. ✅ Bare minimum I see this coming to a 61.8% fib retracement giving you PT 1. ✅ Head and...
Price is turning around and is heading to test the support level at $108 for 3rd time in less than a month. Oil is dropping and dragging energy stocks into a hard correction. I have a short position and I just bought some puts expiring on 01/01/23. I think is going to test the $108 support level for 4th time and then break it out. See my previous post lines below.
Energy - Market recent rise seem to have favour the commodities too. Perhaps we all can take a look into our klse energy index. Once this pattern complete, it will set towards the next resistance 854 area there to complete the rounding bottom pattern. Individual may monitor Hibiscus & Dayang.
This is a classical chart pattern. The bullish continuation would be expected to be about $25.00 of upside given the height of the cup. The short time MAs have crossed the intermediate MA from underneath in a "Golden Cross" while positive momentum just started on the squeeze indicator. Fundamentally this makes sense with the winter heating season and the...
Schlumberger broke out to new multiyear highs last month, and now it’s pulled back. The first pattern on today’s chart is the June peak of $49.83. Strong quarterly results drove the oilfield servicer through that level on October 21. Two retests occurred in November, but it held both times. Has old resistance become new support? Next, SLB is currently trying to...
Hibiscus - Perhaps this might run too as their QR recently was good. May set 0.93 area as support & let's see if 1.01 able to break cause once that happen, it will run higher here. All this might happen when brent did rebound from those support area.