The company production in Colombia go well and the capex for 2021 it is good too in that sense my view is bullish, but for short term the better technical formation is if closed the gap (9 nov/2020) and then supported at the 61,8 fibonacci retracement to retake way to the 4 CAD and beyond. Key level 3,55 / 3,60
Do i realy need to describe the graph. volume is there, the break is there, nothing else is missing golden opportunity
Seeing increased volume coming into Canadian Oil and Gas names. Worth a watch.
a esperar hasta el viernes cuanto puede caer por venta del Director Greg Elliott mercado tomara como sell.
important see notes below first dmi crossed stoic crossed at bottom
enter on strong short term candle to confirm-diversify-trailing stop loss close below 8 ema-read our book on amazon
My point of view has 3 ideas: 1. Downward resistances 1 and 2 were broken, 3 in the view (all in red). 2. Previous two big falls were followed by 38,2 retracement in good shape (see the return in each case). 3. In this third big fall, before reach next 38,2 retracement, it will wait a congestion in the the 23,6% retracement area (around 5.40) near the last...
This is a Colombian energy exploration and producing company that is very under valued at this point in time. Beaten down by the sector wide effects from crude oil's 60% free fall over the last 8 months, The company has managed the situation well by having long term contracts at fixed prices already in place before the drop in oil prices, The company made a great...