Look for short term sells on CEI. CEI is an energy stock that had a reverse stock split; which is why there chart looks weird as you go out further and further. CEI has followed a wave like pattern for years now. It is a common pump and dump stock. I would take a small position right now with some capital left over to put in in case it drops more. Long term this...
My last analys about CEI was almost perfect. Not it seems we formed a highly accepted area and unaccepted price area (see green circles).
I expect a drop before we see higher area again. If we can exceed 2$ again can right now not be determined, it depends on the volume we got in that range later. Right now I see the limit around 2$
Camber Energy made a gain of a little over 600% in a little over a month. It was a beautiful impulse, but now it is over and what goes up must come down. The law of physics have their euphemistic place in the markets as well. We can see divergences forming on the oscillators and DI crossed, indicating a change in momentum vectoring. We probably pivoted not too...
Impulse is finished and we are in the very early phase of correction. First we are correcting the fifth wave, and monitor the situation for even deeper drops.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci...
Energy stocks were climbing pre-bell Friday as the Energy Select Sector SPDR (XLE) was recently advancing by 0.5%. The United States Oil Fund (USO) was up 0.3% and the United States Natural Gas Fund (UNG) was nearly 2% lower.
Front-month benchmarks West Texas Intermediate crude oil was up $0.93 at $79.23 per barrel at the New York Mercantile Exchange, while Brent...
AMEX:CEI just tested a pretty significant support level (EMA 100, 0.5 fibonacci, VPVR level) and we have confirmation of short-term trend change. All signs pointing to go long. For take profit & stop loss levels please take a look at the chart.
Good luck,
Your Ganbu
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CEI ripped shorts faces off today. Nice basing right at resistance implies further move to the upside in my opinion.
I like the 10/15 2/1C debit spread for .4 as an idea here.
Meme strength
Long technicals. we have a complete head and shoulders. I'm looking for a double bottom to bounce up to these long position areas. we must hold .91 or we may see CEI fall short near the .76 area. Overall if we hold the take profit will hit 5.00$
the asset has now arrived at a bottom of its long-term channel with a falling wedge and at a point of a breakout. if the upcoming volatility of the American market allows it this asset will have a nice run to the midline of the channel and the upper resistance of the channel as pointed on the chart.
Not a financial advisor.
Today CEI took a major dive. In which sparked my entry. Like many others, I see a great bounce play here.
I'm eyeing up a return to test $2.49 retrace bounce off the $1.93. If we have enough volume we will see $3 return. I like this project. I'm holding a core and swinging a smaller position.
Over dramatic selloff. We saw a big...
$CEI
At the time of publishing this idea.
Short Interest 6,139,251 shares
Short Interest Ratio 0.03 Days to Cover
Camber Energy Secures Exclusive IP License for Patented Carbon-Capture System (August 24, 2021)
Camber Energy Acquires Majority Interest in Simson-Maxwell Ltd. (August 9, 2021)
Bullish Penant seems to be repeated as it breaks out to new highs
