NE trade ideas

PKA

Bars pattern based on historical price action. Long.

coolingla Updated 

Windows Dressing sellers already sold. Now the buyers slowly but steadily come in. Ne has become a safe bet now. Good for long term entry.

coolingla

I bought some NE and RIG calls today. You may not want to buy but you definitely don't want to sell. Worse thing that could ever happen to longs is to sell at the very bottom. Today or Monday could be the bottom of NE. Probability? I say 70-80%. Why? Earnings is really bad but selling pressure was not that great amidst a down market, down oil day.

coolingla

NE short term is going to $6.9-$7.0, then fade till election. Long term trend remain unchanged.

Livin

NE is nearing that 6.50 resistance line, with nice volume accumulation. watching for the breakout soon!

PKA

We've seen a bottom. Likely will go to 15-20 long term.

Channibal Updated 

- Failed break-out about 2w ago + Prices retraced back and moved sideway since + Had a mini (almost hidden) break-out on 21st with higher than avg. volume + Prices has since moved sideway again painted multiple narrow range bars + Today's break-out bar closed strongly supported by very high volume + Fast EMA crossing upward, piercing through today's bar : First...

coolingla

NE's chart pattern is different from that of RIG's but the outlook is similar.

PKA

2x ev/ebitda. Healthy cash flow. Better than SDRL or RIG imo.

NaughtyPines Updated 

Bought shares at 6.07; sold the Sept 30th 6.5 call; filled entire package for a 5.78 db; max profit $72 (if called away at 6.5) (12.5% ROC).

nxristos

Long NE

skhan

Very good discount price at these levels for Noble Corp. Fundamentally the stock has a very good debt to equity ratio (less than 65%). 1.3 bn USD of current assets (30.06.2016). Book Value per share is at 30 USD (30.06.2016), so a discount of X5. The stock is trading at 5.90 usd. With the price of oil at 50 - 60 for 2017, the stock could have a very good upside range.

NaughtyPines Updated 

Here are my candidates for covered calls next week. Right now, they're based solely on ROC metrics, the key being to get at least a 10% ROC if the shares are called away at the short call strike. Additionally, the focus is on sub 10.00 debit plays; underlyings of higher dollar value are generally more amenable to other strategies. After looking at the charts,...

Darenth Updated 

Some slow, still have a small tail. SL1320 (-58 pips) TP 1550 (+172pips)

iDealer911

Loss more than 35% after breaking down the main trend at 27, and still the knife is falling..i think 15.70--17 is area target.

Ape

I love stocks with low risk and high reward. Who doesn't? NE is just that. After consolidating at its' 4 year support line, and breaking out of what can be looked at as a diamond bottom, I believe this company can easily rise 30% from its' current price. NE is a fundamentally sound company with Net income and Revenue rising YoY since 2011. Its' first quarter net...

shomikghosh2

NE has been in a long-term downtrend, recently it finally broke above this trendline on high vol after recently trigger a vol stop buy, with the 50 dma above to recross the 200 dma and 8 ema well above the 21 ema, MACD and RSI are already pretty high, still really like this for long term and even short term into year end, bullish catalysts in tax-advantaged...