With the attacks of the American and British forces to the Houthis in Yemen one can expect a destructive retaliation by them in the supply of oil.
Watch who can jump higher
The price action of Borr Drilling retested the bottom of its Accumulation range about a year ago, and now a bullish Three Drives pattern appears to be forming, one which is almost ready to extend its final upward leg. As always, I strive to render these ideas of mine so obviously that their explanation will require no words, and this forecast is no...
lovely strength here! rejection here and dip to 5.5 before next big push is likely, break of 7 (close) and we get some explosive push to the upside.
Will share second chart with targets soon 💛
- has options in September for $0.35 is now running 20+ % in a week
leading up to earnings in 4 weeks
-rounded reversal on one-hour chart with upside to resistance through
volume profile
-OXY just beat on earnings and is doing stock buyback and so
competing with Buffet for that market share
- seemingly all bodes well for a stock or call option.
( I am up...
NYSE:BORR
Uptrending towards the SMA100 as well as
the POC of the volume profile
from the May-June consolidation. Earnings in
a month. A penny stock with inexpensive
options contracts. At POC possible bounce
into a downtrend or continuation.
company ill like to invest into in mexico; oil drilling research s always important to me since the early 2000s....always readig online about new oil gold and other metals.
High Quality of consolidation due of rising OBV last weeks and good triangle consolidation.
Also last consolidations with falling wedges showing how market is ongoing of rebalancing this share.
For sure, the company now have to bring huge revenues in 2022, because dept is very high.
But liquidity has been safed last dec.
So let's wait for 24 of feb - the it will...
Borr Drilling Company has become very cheap once again. Considering the incredible rally in oil over the last year, BORR looks like an even better discount. The price action alone in BORR suggests to me that a bottom is being put in under 0.75. Regardless of my opinion, I have some tools and charts I can use to demonstrate why it is historically cheap and why I...
I'd like to see a push through the 20 and 50 EMA's, and some higher lows, but it's possible we're getting a reversal here.
Back to $1.65 on a nice oil rally?
Bollinger band narrowing
Flat EMA
Oil prices rising
In a strong support level
Although it continues to operate at a loss, it maintains contracts with several major oil companies worldwide.
Something tells me it won't stay that way for long.
$BORR's current location on the Gann Fan is fine.
You can see $BORR got ahead of itself, into that 4:1 turf. Now we're nicely consolidated, waiting for the next oil push.
Oil and gas continue to make new highs. But don't forget to keep an eye on OPEC+. That's the only thing that has me cautious right now. With a need for more infrastructure and in consideration of the reopening trade, my guess is energy sources will be needed. Regardless, a build or increased production globally could put a dent in this bull trend. Not sure if it...
