(22/1000) Ascending Triangle for CIVI. Not confirmed. Possible 50,64% gains. Pros: 1- Bullish Ascending triangle 3- PPS above 50MA and 200MA 3- R/R ratio above 5 4- 250RSI above 50 and ascending 5- 50MA above 200MA 6- 50MA and 200MA ascending 7- RS above 0 and ascending 8- Golden cross in blue Cons: 1- Pattern Not confirmed yet 2- No descending volume during...
Weaker MACD and downward moving average on the weekly, price target is @ 63.00
s3.tradingview.com Seems that is getting ready for a nice Swing Thoughts????
Civintas Resources Inc. is in the Oil & Gas Sector, centered in the Exploration and Production Industry. It should benefit from the current uptrend of oil prices NYMEX:CL1! . I mentioned innovation because the company is set to "clean up dozens of wells orphaned by others". The state of Colorado has granted this new startegy for NYSE:CIVI to "work hand in...
fundamentals: decent fundamentals for a short sector: XLE at key level (resistance) and already overbought, good short thesis: horizontal resistance play playing the bounce back down to support buy confluences: horizontal resistance, no volume above, resistance trendline, poc below, 200MA below, rsi overbought, vortex bulls high bears low (both of them well...
Another consolidation here, and could be a possible bounce. Needs to bounce above the multi year trend line.