This 50 fib level for CREG stock has been a pivot for months. No matter if it's broken out or slid lower, this area remains a magnet for the stock. With higher volume recently and a stronger uptrend on 7/19, 50 fib level is once again a point of interest and an important level to watch. Either way, it's come a long distance since it was on the list of penny...
Not much happening with major Fib levels for MMAT however, that 200DMA seems to be acting as a potential level of support after falling below the 786 fib line. Meanwhile, there seems to be a level of resistance around $5 that has been the case several times over the last few months. The big question now is will the 200 hold this week? Also have the SC13 G from...
WOGI hasn't attempted to test these levels since 2014! TLDR, I'm not gonna go all the way back to 2014 to DD the stock because this is just about identifying potential levels. I drew out the fib retracemtent using more recent lowest lows and the 2014 high and interestingly enough, the 786 fib line lined up with a pretty clear, recent level of resistance that WOGI...
USEG is a relatively flat stock for the most part. It's had its share of breakouts here and there but seems to call anything under the 786 fib home. Coincidentally, over the last year, this same 786 fib level has remained a pain point on the chart where USEG might break above it for a moment but fails to hold any significant level of support after doing so....
On 5/7/2021 BlackRock Inc. reported 472,687 shares of CEI Camber Energy worth $0.49M, an increase of +47,268,600% and 1.891% ownership in the company. If you do the math, they bought the shares at 1.03usd! Now you have the opportunity to buy them lower than BlackRock Inc at 0.60usd! Average daily Volume is 8,539,760 Market Cap is only 34Mil Using the...
Enphase Energy NASDAQ:ENPH is coming off an excellent month of June 2021, up over 30% and 82% YTD. Now, we sit about 30-days from earnings with the street estimating an EPS of $0.42. Is there another period of time where ENPH faced a similar situation and chart pattern? Yes, from mid-September 2020, until mid-October 2020, ENPH ran up over 63% and reached its...
After the boom of energy stocks at the beginning of this year, now the retracement seems like a great opportunity to reenter the space. On 4/30/2021 HC Wainwright Brokerage Reiterated Rating for SOL ReneSola to a Buy with a price target of $15.00 Based on the resistance ahead, i have a short term price prediction of 12.5usd.
GTE following the trend of the broader energy sector. However, volume isn't as strong as I would necessarily like to see for a full on breakout. But given the trend, it's gonna be nice IF GTE can bust back through this resistance level and stay there for a while. "Keeping in theme with the other energy stocks on this list, Gran Tierra is a Canadian-based...
RIG still holding a relatively clear channel right now. I think with the discussion on inflation it could get (and seems to have gotten) folded into the "inflation strength" conversation. "So, why exactly is Transocean a play for inflation? Well, as stated earlier, energy penny stocks have a great amount of demand to contend with. This demand increase could...
ET, monthly, energy value play: The current monthly bullish engulfing candle patter within the right ellipses appears to repeat an identical, bottom reversal candlestick pattern from 2009 (yellow+orange). Strengthened by the local Adam Eve double bottom , bullish divergence makes case for Fibs targets & the measured move validates 1.272 overhead extension. Get...
Oil and gas continue to make new highs. But don't forget to keep an eye on OPEC+. That's the only thing that has me cautious right now. With a need for more infrastructure and in consideration of the reopening trade, my guess is energy sources will be needed. Regardless, a build or increased production globally could put a dent in this bull trend. Not sure if it...
Communications Systems, Inc. Announces Agreement to Merge with Pineapple Energy, LLC $JCS ("CSI" or the "Company"), an IoT intelligent edge products and services company, today announced that it entered into a definitive merger agreement with privately held Pineapple Energy, LLC ("Pineapple"), a growing U.S. operator and consolidator of residential solar, battery...
Piper Sandler Lifts Tenaris SA to Overweight From Neutral, Price Target to $23 From $16.25 In the fourth quarter of 2020, our sales rose 12% sequentially driven by a gradual recovery in drilling activity in the Americas and a good mix of products sold in the Middle East. EBITDA rose 79% sequentially, reflecting a better industrial performance and the operating...
%SUNW stock popped on Wednesday as projected Democratic victories in Georgia runoff elections boosted investors' hopes for a more robust green energy agenda. Democrats Raphael Warnock and Jon Ossoff are set to win their races giving the party control of the Senate, according to projections from Decision Desk HQ and Insider. It seems Washington is set to go green...
Gevo's ( GEVO ) been trending for a while now thanks to a spark from SPIand other alternative energy stocks. It's also gotten a decent amount of new coverage and mentions on Dow Jones. But it's still a penny stock so we can't forget volatility is key. It will be interesting to see if GEVO can remain in this uptrend without putting out any new updates. "Aside...
looking for a strong rebound if oil price recovers before the year end. good luck.