XOP looks like it's rolling over, or at the very least consolidating and heading back to sub 130 after rejection from trendline resistance and 30MA . Whale trade short, bearish divergences on indicators. Price target sub $130
Nat Gas looks to be entering a LT bull Market. Kinder Morgan is a huge Nat Gas corp. I'D say they will perform very well into the strength of the Nat Gas bull Market. Dips around $16.55 could be a buy if that price holds as support.
The worsening oil supply shortage in the wake of the Russian invasion of Ukraine has sent pump prices to record highs in recent weeks, sparking fears of a catastrophic global oil crisis and soaring inflation. Despite these concerns, the Organization of Petroleum Exporting Countries (OPEC) and other non-OPEC oil-exporting nations, a global oil cartel known as...
Crude oil reaching the top of the trend channel with overbought readings on the RSI momentum indicator. RSI reading overbought at 72. Look for support at the mid channel support line (80-82 levels) and the lower level channel support line (72-74 levels).
Recently, WTI oil reached a new high of 93.14 USD per barrel. Simultaneously, all our price targets were reached. Because of that we decided to update our thoughts on USOIL today. We continue to maintain a bullish stance in the medium-term and long-term. However, in the short-term we foresee headwinds for oil due to many technical indicators pointing to an...
Stocks looks strong after decrising trend penetration. Target price is $34.8 (upside ~ 20%). Stop limit $27.5. Profit/loss ratio is 4:1.
Occidental Petroleum Corporation ( NYSE:OXY ) Sector: Energy Minerals (Oil and Gas Production) Market Capitalization: 31.522B Current Price: $33.75 Breakout price: $35.60 Buy Zone (Top/Bottom Range): $33.50-$30.40 Price Target: $39.20-$40.50 Estimated Duration to Target: 83-88d Contract of Interest: $OXY 4/14/22 35c Trade price as of publish date: $3.10/contract
This is a contra call on IGL . stock is available at the previous support level . with less risk reward is very favorable. keep strict stop loss. in such type of trades where we take decision opposite of stock trend . we should allocate less capital to such trades and stop loss is must .
Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ Oil prices surged on Monday, with Brent futures reaching their highest level in more than three years, as investors anticipated supply will remain tight due to limited...
Chevron Corporation ( NYSE:CVX ) Sector: Energy Minerals (Integrated Oil) Market Capitalization: 248.594B Current Price: $128.96 Breakout price: $129.10 Buy Zone (Top/Bottom Range): $119.70-$114.70 Price Target: $143.80-$145.00 Estimated Duration to Target: 154-160d Contract of Interest: $CVX 6/17/22 130c Trade price as of publish date: $7.20/contract
Devon Energy Corporation ( NYSE:DVN ) Sector: Energy Minerals (Oil & Gas Production) Market Capitalization: 34.114B Current Price: $50.39 Breakout price: $51.30 Buy Zone (Top/Bottom Range): $47.80-$44.40 Price Target: $56.20-$57.60 Estimated Duration to Target: 74-77d Contract of Interest: $DVN 4/14/22 55c Trade price as of publish date: $3.10/contract
WTI oil rose over 20% since its low at 61.46 USD on 2nd December 2021. We previously noted that weakness in the general stock market posed a threat for further rise of the price of USOIL in the short-term. However, since then the general stock market seems to stabilize. Because of that we regained our bullish view; additionally, we would like to set a short-term...
DEN (Denbury Inc) is an oil and gas company that focuses on CO2 enhanced oil recovery. Boring right? I assume that is the reason it has been under the radar, after all, Technology tends to get more attention. Since September 2020, when it IPO'd, DEN has increased by over 300%. There are 2 potential measured moves, one by using the horizontal range transposed on...
OSH looks good on every chart Monthly, Weekly and Daily. I think in medium term it has potential to touch $6.70 range. Please join my Slack Channel to form active traders community to analyse and discuss trading ideas, thanks: join.slack.com Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
GASX has been making steady progress on its natural gas claims in Colombia and catalysts are just around the corner. As natural gas prices are exploding worldwide, it is yet to catch up to other plays in the space. Bullish MACD cross is a technical buy signal. Notable pickup in accumulation. Stock price has moved above key EMAs. Could see a bigger move soon.
KNM (Oil & Gas ) sector...as 1 of top 3 active (volume) traded stock recently in KLCI.. What "could" be its next movement? "Maybe" a "ranging triangle"? ...
RIghto everyone is talking about it!! or tweeting anyhow because I'm in a computer and cannot talk. Here is the solution to $BRK. You are all very welcome. Now buy me coffee or beer!
I've been trading this beauty since $0.022 and taken some pretty sweet scalps. It's holding strong in a Fibonacci uptrend channel with all the makings for future pumps. It just looks strong but I would personally DCA if getting in for the first time. As always this isn't investment advice, DYOR and Good luck!