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 KOS exceeds Friday's high of $6.40 during tomorrow's session.
KOS has been consolidating nicely the last few day and forming a handle that is coupled with volume contraction. Relative strength is strong on this stock - with volume it can easily clear $8.50 and higher
Has been on strong rally. Hienstly makes me sad becusee I called this breakout from 1$ range. Which I sold in the 3.90s and never looked back. Finally I charted this last week finding a symetrical trinagle on the the daily. As of now we have lost that support and came back to backtest it. The main resitance is 7.54. If we fail to close above that this could...
*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My team has been covering oil stocks due to the obvious demand for...
C Wave of flat. Let's see how powerful the downward impulse will be.
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 fractally evident and therefore...
This is a familiar area for KOS that has taken some time to get to. But now that its back at the 382 fib level, the proof will be in the pudding. This was an area of previous support a few months back and now KOS is desperately trying to make it so once again. Over the last few weeks it's been deflected but continues hovering in the area so all may not be lost...
KOS At a make or break area of resistance that was formally support a while back. Also coming into the month with stronger volume and a golden cross (bullish technical set up). With strength in energy and in light of the current levels, KOS is something on the list to watch right now. It also put in a new 52-week high on June 21st.
"Kosmos Energy has been on our...
*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My team has been covering oil stocks due to the obvious demand for...
L>3.42
L@3.18
Hey guys! Found out one interesting chart.
There is a lvl 3.17, that has resisted for last few weeks.
At moment i see, that 1W candle closed higher 3.17, and this a good signal for long in KOS.
I really think, that 3.42 will be a trigger price, and if chart will hit it - this will be a rocket jump :D to 5.28.
Main scenario is to long from 3.18...
Ascending Triangle (142PC)
Pros:
Descending volume during formation
Golden cross in blue
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 19, high
200MA ascending
Cons:
250RSI below 50
Target:
PT = 8.21$
Help how ever you can to keep this alive.
Thank you to those who have donated Coins!
Always do your own due dilligence. This is...
KOS
Fairly new to the game however in the past two weeks we have seen some major hurdles and from my understanding of the analysis I would like to say we will see a trend line correction but then with a swift rebound.
1. Things to watch its been a steady stock without insane volatility but rather market playing it idk personal opinion.
2. I would wait for the...
Although bullish AF on KOS, I entered at 1.17, I sold my position at 2.24 on the first pump. There are potential bearish divergents on the 4hr, and might be a short term double top. If it decides to contiue consilidation below 2.24, a solid support hold on 2.28.2.30 is a strong long for me. Next resistance above is 3.28. I expect a last correction to 1.75-1.59...
$kos is attempting to take the 50EMA which had been a huge obstacle in the past. If we close and stay above that, we may be onto something. Last time it broke the 50 it rallied to ~mid 3s.
KOS recently completed a potentially bullish basing Double-Bottom pattern marked by a pronounced bullish RSI divergence at the lows.
The stock also broke out up through its prior downward trend line in the process.
