Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 13/61.80%
Chart time frame : C
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress : A
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) Hit the bottom
D) Hit the top
Stocks rise as they rise from support and fall from resistance. Our...
Pullback from crude oil have not changed the bigger uptrend of TALO.
Possible upside breakout if able to break and stay above $16.30, support given at 38.2% Fibo. Upside initial target around $18.
Disclaimer
Been watching for a minute now. Chart has been moving, and reaching key resistance. I've just like the reversal on the 4hour and the catalyst with the war, it can keep running.
Hi again folks,
Im still a newbie and my last call was not great and stop-lossed out. This time I think Talos has got a full Elliot cycle out. Im picking it to start trading up in expectation of good earnings, or trade flat for a bit before the earnings. These should be OK given the rise in WTI since last time so I expect it will rise to ca. $15 before testing the...
Hi
I'm new to posting ideas but I enjoy the community's ideas so feel id better add to them. I have been following Talos for some time and it looks to me like we have a setup occurring for a 4-5 impulse wave. The last drop was due to some insider selling (one of the backers who wanted to cash out some of their holding), news and the oil price correcting....it...
Earnings May 10th puts it right on the fringe of 2 weeks away territory.
I have done a lot of other analysis techniques here, so if you are looking to generate your own novel position ideas, you should probably go through it slowly just to untangle so it makes sense to you.
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the Fibonacci I am putting on the larger time frame, because those are supposed to...
Ascending triange, awaiting confirmation
Pros:
Descending volume during formation
Golden cross in blue
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 5
Cons:
250RSI below 50
200MA Flat
Target:
PT = 15.42$
Help how ever you can to keep this alive.
Thank you to those who have donated Coins!
Stay Humble, have fun, make money!
Talos Energy, Inc. operates as a holding company. The firm engages in the exploration and production of oil and natural gas. It focuses on the exploration, acquisition, exploitation and development of shallow and deepwater assets near existing infrastructure in the United State Gulf of Mexico. The company was founded by John A. Parker, Stephen E. Heitzman and...
Buy @ 18.21
Take @ 24.0 (+31%)
Stop @ 17.3 (-5%)
Due to impact of the coronavirus Energy sector plunged the most among the sectors. That's why it is a good idea to start watching for energy stocks.
Talos Energy highly sensitive to oil prices, therefore I recommend to place close stop order. However the return may be even over $24,0, but more probably that it...
We were alerted to this stock after a earnings jump and have now confirmed our interest after a follow up volume spike and unusual call volume action. We are following someone in the know.
