Based formation shown VCP setups have formed by three contractions, possibility fourth contraction. Symmetrical triangle formation also shown in the fourth possibility contraction.
Using supertrend and basic charting patterns you can see that unless phx breaks the sell zone it will have a bear run.
100 20 AUG 21 2.5 CALL +1 56 1.50 1.500 N/A $0.00 $0.00 bought paper money
It bottomed at a proper level and I'm buying the retest. Stop loss here is a must. Not financial advice.
PHX Minerals found support, gained a level, and is currently retesting support gained.
Huge gap for PHX Mineral Inc. after bad news. www.prnewswire.com knoxdaily.com The company website: phxmin.com
Company is growing, becoming more profitable and reducing debt. Possible 14 dollar price target in 12 months and 27 dollar target in 36 months.
lots of indicators here on the weekly that point to long term growth in the stock with great upside over the next 12 to 18 months
Oil sector is looking very bullish to me, these are just a few that caught my eye
support level 1.55 buy at 2.15 potential up to 4.75
PHX has been accumulating for a very long time. We have now form a nice Inverse H&S pattern that is giving us a neckline to watch for breakout.
