Based on its uptrend, rebound from support and a familiar chart pattern confirmed by my technical indicators, I expect at least half a percent in profits IF $MUR exceeds Frisay's high of $38.45 during tomorrow's session.
Black Mountain Analytical Team:
MUR 3 possible scenarios(short better==> DV- )
Wait for the price reaction to the area and zone.
We will wait for the price reaction to the Resistance line and the static Resistance range. After the price reaction, we can enter.
We are currently monitoring it to catch it in the first price movements.
TREND LINE-Resistance area
Murphy Oil Corp (MUR) - Long this hydrocarbon producer starting Spring 2021 on anticipated inflationary pressures driving hydrocarbon energy such as oil and natural gas higher, along with legacy hydrocarbon ("fossil fuel") exploration & production companies higher. Now riding the global energy "crisis"" wave much higher yet still. Ultimate price target on the...
Apr 14, 2021 • Fractal Rider Forecast | Analysis
Market: Equities
Sector: Energy Minerals
$MUR - Murphy Oil
Profile:
Murphy Oil Corp. is a holding company, which engages in the exploration and production of oil and natural gas. It operates through the Exploration and Production and Corporate and Other segment. The Exploration and Production segment includes the...
Ascending Triangle, confirmed (91PC)
Pros:
Descending volume during formation
Volume increase during break out
Golden cross in blue
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 13, high
250RSI above 50
200MA ascending
Target:
PT = 30.69$
Help how ever you can to keep this alive.
Thank you to those who have donated...
Uptrend, EMA55/144 as support Zone
ABC Patten (Swing A crossed EMA55 (1st) and EMA144 (2nd), Swing B tested EMA55/144 as support. )
In side a wedge, hope to see Gap above the upper trend line
Entry 13
Stop 11
Target 20
I am not a PRO trader. I trade option to test my trading plan with small cost.
The max Risk of each plan is less than 1% of my account.
If...
1) Murphy Oil retraced and bounced above EMA50 support
2) Price retraced near to 0.382 Fibonacci level.
3) (14-day) Positive Directional Movement Index crossed above (14-day) Negative Directional Movement Index
4) Daily volume on the bounce is at 10.595 million, that is 2.19x as compared to average 50-day volume of 4.845 million. Daily volume that is at 1.5x or...
Hi friends
the daily chart of this market shows with a high probability that it will experience a downtrend but it is better at the same time to be vigilant of the change towards the opposite direction
please subscribe to receive new analyzes
MUR 3/31 - MURPHY OIL CORP
Potential to grow again to $18.97 (3/4). Price very Cheap and hold it. We're going to start seen grow and profit at soon the coronavirus disappear.
Different between: 18.97 - 6.18 = $12.79 per share
Excellent Profit!!!
![MUR: Murphy Oil Corp (MUR) - [W1] - HODLING LONG & STRONG](https://s3.tradingview.com/t/ToU58RYX_mid.png "Murphy Oil Corp (MUR) - [W1] - HODLING LONG & STRONG")
