GEL Cup and Handle on Genesis Energy, waiting for breakout. Hopefully earnings won't disappoint on November 4th..
Bullish Engulfing on the Weekly at an 88.6% retrace with Hidden Bullish Divergence on the RSI at the bottom of a potential Ascending Triangle
Consolidating in weekly since the begging of March. If breaks out up might go till $18. Target 1: $13.40 Target 2: $18.00 Stop: 8.90
It ´s a set up update for a hot spot stock to buy good luck Charlie
I activate an alert on 9.52 it ´s a buy immediately for me no doubt XLE is on the hot spot for the days to come best performer are XLF XLE XLB Good Luck Charlie
Wedge Break $9.83 Stop: $8.97 Target: 11.43, Target 2: 14.43, Target 3: Momentum. Quote a lot of insider buying early last year. Small Insider Buying and 1 Insider sell recently.
I'm expecting a brief 25-30 percent correction before continued upside. Bearish Profit taking targets will be at around the $6.90 area with Stoplosses above $10.24 I expect that after GEL retraces back down to the $6.90-$6.40 Levels that it will continue it's uptrend: For bullish Targets on GEL refer back to my original Bullish idea on the Related Ideas tab
We are showing Both Hidden and Classic Bullish divergence near the bottom of a range and are now breaking above the 200 Day Simple Moving Average; This could be big. We are also at a very important Monthly level:
GEL - Possible entry here . Stop signal 4.21. Target 5.43 and 6.93. Insider Buying present.
Gel is showing signs of resistance at the $32.39 to $32.85 level. Needs to clear that before any talk of continued uptrend. But for now, time to take profits if you already have some.