We own and operate oil, natural gas, and water gathering systems, natural gas processing plants, oil treating facilities, and crude oil, natural gas, and NGLs pipelines, and our equity investments in facilities and pipelines provide stable cash flow to our business.
#$WES
$WES broke box on 26 May. But had long wick on top.
On 27May got a close with good bar. Closed 27.77 range.
Can be entered on Monday @27.7 levels.
Also good RS value
#$WES
Yesterday took high of February.
But did not close above February high.
So i will enter 50% today to see how this goes.
Also yesterday volume was 10 day high volume.
Some energy stock on way watch list are setting up to go again. Western Midstream is one that is looking almost ready to go.
Western Midstream Prtns (WES)- LIMITED PARTNERSHIP THAT OWNS 3 TYPES OF PARTNERSHIP INTERESTS IN WESTERN GAS PARTNERS LP (WES),
Ascending triangle, confirmed
Pros:
Descending volume during formation
Volume increase at break out
Golden cross in blue
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 9
250RSI above 50
200MA ascending
Target:
PT = 25.09$
Help how ever you can to keep this alive.
Thank you to those who have donated Coins!
Stay Humble, have fun,...
Quick pattern update here.
WES appears to have an Inverse H+S pattern forming on the lower timeframe.
A clean break from the pattern would target the $9.30 range, setting a conservative exit, with a close below the purported right shoulder would minimize potential for losses.
WES has been one on my list for a while lately and I recently closed a position for...
Ticker: WES
Position:
~ $4.00 Strike Calls
~ May 15th Expiry
~ Cost = $0.40/ contract (at time of writing)
~ Delta = 0.56
~ Run 5x contracts = $200 total outlay for the trade (subject to change)
Profit Targets/ Exit:
~ Due to the low cost of the trade, i will likely not run a stop on this position, but i have outlined a stop at the $2.50 level
~...
NYSE:WES
The last paper in the shorts for today
Like the previous three, the stock does not follow the market. I really like such papers, they are simple and clear. Once again, big money is traded on simple principles...
Accumulation suggests that having broken the level of $3, we can get a simple shorts.
Guys, if anyone can make money on stocks today, let me...
Ticker: WES (right side is XLE for comparative purposes on a weekly)
Position:
- Feb 21st Expiry
- 5x $20 Strike Puts (ITM) - delta = 0.60 - cost = $1.38/ contract
- 5x $18 Strike Puts (OTM) - delta = 0.19 - cost = $0.35/ contract
- Should the stock move to the initial target, the OTM options will be more than covered by the ITM options increase in premium
...
Western Gas Partners (WES) broke out of the small downtrend (yellow).
It means that wave B is over and the wave C up has started.
Price could reach either the previous top tagged by wave A at 67.44
or hit further up to touch previous major top at 79.81 as highlighted with orange rectangle.
