This energy stock is showing some signs of a great trade in the near future. The daily chart is making new highs and the MACD is beginning to cross along with the RSI in the oversold area of 39.
The volume is 1.3M
HLX is bullish for the day, week, month, and year on the time frame continuity.
My stop loss is in red, and my targets are in blue and yellow. It...
Got a small scalp to the 0.38 line. It could turn bullish for a day or two if it reaches this mark and passes it. It's possible for a profit around the $6 mark
Weekly chart
Bottom ABC pattern
SMA20/40 as support
Double bottom + revisit neckline
The estimated Waves are price only, not accurate time.
Entry 5
Stop 3
Target 12
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 you like this idea, please use SIM/Demo account to try it.
No investment advice!
I do this only for practicing.
All Info on the Chart.
Passive Stake on February 1, 2021
good ER
inv. H&S (vol breakout of neckline) be careful could be a fakeout! watch closley before pushing the buy button.
the first trade has not a good RR keep in mind.
i really like this set up due to combined TA and fundamental news, even its not...
Helix Energy Solutions Group, Inc. is an international offshore energy company. It focuses on subsea construction, maintenance and salvage services to the offshore natural gas and oil industry. The firm also provides specialty services to the offshore energy industry, with a focus on well intervention and robotics operations. The company operates through three...
May be setting up a short squeeze , after posting earnings surprise
Helix Energy Solutions Group, Inc. is an international offshore energy company. It focuses on subsea construction, maintenance and salvage services to the offshore natural gas and oil industry. The firm also provides specialty services to the offshore energy industry, with a focus on well...
Contextual immersion trading strategy idea.
Helix Energy Solutions Group, Inc., an offshore energy services company, provides specialty services to the offshore energy industry.
The demand for shares of the company looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from...
Helix Energy Solutions Group, Inc. is an international offshore energy company. It focuses on subsea construction, maintenance and salvage services to the offshore natural gas and oil industry. The firm also provides specialty services to the offshore energy industry, with a focus on well intervention and robotics operations. The company operates through three...
Looking for a break of 8.61 which is also the .61 Fib level. Likely to consolidate within the trend channel briefly before moving up into the 9.59-10 range. J-hook or Cup and handle appear to be likely. Notice the support at the 20 EMA has been tested several times and also the MACD about to cross on the daily.
I bought this on today's close. This stock is in nice uptrend and recently experienced a nice pullback to the 50% Fibonacci retracement level. It is also consolidating very nicely at this level. There was also a nice increase in volume today to support the move. I could have waited for a bullish conformation but all other factors are good so I entered early for a...
In a more short term scene, we have possibly completed retracement of wave 2 and were now at wave 3
purchase at market ( 7.05)
stop loss : 5.26
take profit : 11. 35
