This one looks like a complex correction. Momentum dropping, overbought, X wave looking formation done.
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 goals, it is prudent to suggest, are nothing more than mere...
Drawing a flat here post impulse, using Wave A to predict the outcome for Wave C with some reasonable goals in purple.
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 goals, it is prudent to suggest, are nothing...
PEDEVCO Corp., an oil and gas company, engages in the acquisition, development, and production of oil and natural gas assets in the United States. As of December 31, 2020, the company held approximately 37,068 net acres in the Permian Basin Asset located in Chaves and Roosevelt Counties, New Mexico; and approximately 11,948 net D-J Basin acres in D-J Basin Asset...
AMEX:PED
I HAVE NO POSITION IN THIS STOCK, By request of a follower I published this.
INFORMATIVE, pay attention to key-levels.
It's in a box for a year, going no where, no matter how market moves, pure pump and dump or a long term accumulation for a huge run. I have no information about fundamentals, but technically, I see a break out happened 1st of October...
Pedevco Corp (NYSEAMERICAN:PED) broke out of a consolidation range to the upside on heavy volume. I do not see anything until the 2.8-3 area. Indicators are also showing signs of recovery. Pullbacks are buyable.
Today's candle officially crosses the previous bullish trend, the stoch is cross in the oversold zone and the momentum has some strength. We think this one is going to $2.40 or so. We are playing it
PED Delivers Open Letter to the SandRidge Permian Trust Regarding an Indication of Interest to Acquire the SandRidge Permian Trust and Underlying Assets.
SandRidge Permian Trust is likely to be delisted from the New York Stock Exchange and be dissolved with its assets liquidated in less than a year.
The best way for current holders of Trust Units to have a...
PEDEVCO Corp. is an independent energy company. It engages in the acquisition, exploration, development, and production of oil and natural gas resources in the United States. The firm primarily focuses on oil and natural gas shale plays, and conventional oil and natural gas plays. The company was founded by Frank C. Ingriselli on February 9, 2011 and is...
Gap up
1. if below 3.20, i prefer short the stuff at 3~3.20 risking off high
2. if above 3.20, i prefer long the washes or wash and reclaim of 3.20
3. if above 4.00, i consider extended and would rather look for short from 4.00~4.20 risking off high
Gap down,
1. if above 2.60 , look for any pop towards 3~3.20 to short stuff. risking high
2. if below 2.60, look...
The 5th trade for the challenge was the purchase of Oil and Gas stock Pedevco (PED). Paying down its debt and a new CEO taking the reins helped drive gains last week. The reason i chose the stock was due in part to the strong Bullish Flag formation and a confirmation signal on the AlphaR strategy.
Trade Details
09/07/2018 15:30 09/07/2018 Buy 150 PEDEVCO...
the momentum is above zero and rising, the macd is rising the strength index still is strong and todays high is smaller than yesterdays with lower volume. . it looks like this might be a good buy for tomorrow.
