After completing a 105 bar Bear Butterfly(purple), price had a deep reaction to T2 as it printed a 65 bar inside Bull Butterfly(teal). A strong reversal has led to the printing of a 107 bar Bear AB=CD(fat orange) and it's corresponding Entry Confirmation Line(fat orange horizontal). I have plotted a relevant upsloping Median Line set and a potential downsloping...
SU forming a triangle, double bottom after the pullback from the breakout.
If they are able to meet earning expectations, this could ride the energy-hype and break out. Big area around 32-33.
Hello dear Traders,
Here is my idea for #SU
Price closed above yellow line (previous month high)
Targets marked in the chart (green lines)
Invalidation level marked with red line
Good luck!
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this is my bullish trend continue idea. however wait for come key level after how to respect to key level after trend continue to up trend you can entry ,so this is my opinion only .
The truth is that the energy sector has been doing really well. WTI Crude appeared to can't stop won't stop, and then Natural Gas appeared to can't stop won't stop.
Now, both NG1 and WTI are going to dump as the Federal Reserve points a nuclear bomb at the so-called "inflation," which in reality are high commodities and high stock prices.
Shortly it will appear...
You can buy it Target 34.3 and 37 stop loss 28.2
money management is your responsibility
I recommend entering a maximum of 10% of the portfolio.
good luck
The PEAD projected a Bullish outlook for $SU after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 85.71%.
Great opportunity to buy just above 200 day MA as the energy sector breaks out. This looks like a stage 2 breakout, clearly defined exit below 200 day MA. $1 or $2 downside vs high upside
As shown, majority of energy stocks are starting to correct. Looking into the future, we believe these companies will provide amazing opportunities. We expect barrels of oil to reach $300-400 a barrel by the end of the decade. Recommend tracking this sector very closely for amazing opportunities.
Low test then High test?
Have we broken out the flag or do we need to extend.
Need to see $30 level hold as support then test the high.
Don't long a double top, wait for confirmation of support after high test.
chart-art shows POSSIBLE uptrend , green trend-line means bullish . Over the ma line can_be 🐂, & under will be bearish Short to midterm .
~~N0 arrows. ~~ N0T trading Advise either +dyor pls
chart-art shows POSSIBLE uptrend , green trend-line means bullish . Over the red ma can_be 🐂, & under will be bearish Short to midterm .
~~N0 arrows. ~~ N0T trading Advise either +dyor pls.
SU has been held in a range over the last month between 35.77 & 38.62 levels. I expect a move to the downside, breaking the low of the range to entice short selling before repricing higher with an upside objective to 46.50 level.
![SU: 17/5/2022 NYSE [SU]](https://s3.tradingview.com/j/J8PTRF1t_mid.png "17/5/2022 NYSE [SU]")
