Support seems to be there at .16. Need to see this downtrend line break for a reversal.
Looking to find new bottom here around $1.10, next area to watch would be $1, with resistance on the upside at $1.20 and $1.30
AMEX:CEI broke the downtrend line, next resistance is at $1.80
Love the chart now with the 50 DMA in the rear view, marked some key areas of resistance to break in the near term.
Camber Energy, Inc., an independent oil and natural gas company, engages in the acquisition, development, and sale of crude oil, natural gas, and natural gas liquids (NGL) in Kansas, Missouri; Louisiana; and Texas. As of December 31, 2021, its total estimated proved producing reserves consists of approximately 73,800 barrels of oil equivalent, including 48,400...
be prepared for the test of 2.80s before seeing a small pullback up from those prices. also be prepared to see it go sub 2.80s, this is an attempt by MM to scare you out of your pos.
with pending news this will fly. however for the mean time continue to buy and hodl. GLTA
we need to hold above the 0.10$, to break the resistant at 0.12$, and have another pump towards 3 profit taking . the bottom price if we didn't hold the 0.10$ support is above the 0.08$+.
$CEI trend analysis. Looks very bullish imo. 10-K is about to come out within a few weeks max, as the CEO James Doris has stated. That will launch a squeeze.
HaRMonic pattern detection. implications measurable
good time to add cei...this one follows crude...crude is forming falling wedge pattern if crude holds 84-86 level this on will hit 2 -4 $
at technical analysis long-term support stands at 0.275 and high resistance at 0.67 It is not financial advice just my vague idea Good luck to ya'll
Things are heating up for $CEI again. With its filings behind it, the acquisition of Viking on the horizon, and energy demand peaking, the stage is set for CEI to squeeze. I’ve been watching CEI for some time now and remember how in August it shot up to $4.32 before Kerrisdale Capital’s short report took it down. The excitement we all felt when CEI announced...
Just made their SEC Filings by the skin of their teeth after facing delisting. Bought some calls yesterday and expecting this to run a bit. Haven't seen the data but have heard information was good, so price may benefit from that a little as well. Indexes seem to be at a good point for at least a small recovery as well, so may even benefit from that too. Not...
Price working withing an ascending triangle pattern Another test of trendline more likely, could break down there or build above for breakout to recent high. still some time to play out, so patience will be rewarded.
more thorough ideas of supports/resistances for the cei breakout, if it continues
Just an idea for possible directions. Trying out longing here. Ideas and comments welcome