Exploring the financial indicators and market behaviors of APA Corporation (APA) and Hess Corporation (HES) offers crucial insights for investors looking to make informed decisions in their portfolios. This comparison sheds light on the value and potential risks associated with these energy sector stocks, guiding strategic investment choices.
Reasons to Consider...
Large Motive Wave beginning after a large A-B-C Corrective Wave.
A wave of the large Corrective Wave was a leading diagonal, B a Zig-Zag and C an ending diagonal.
Resistance at 160 (observe peak of Jan 2023).
It almost crossed above the supply zone from 160.52-151.13.
All moving averages are above the 200ma with 9ema above 21ema showing good uptrend.
Targets: 173.22 & 189.12 (Could reduce 50% size at 173.22)
Stop loss: close below 151.13
It broke above major daily SMA cluster
It broke above all major weekly and monthly SMAs
It bounced off major trend channel
Bbands bandwidth at 5 year low
HES - W Pattern - Consolidated most of March in form of a FLAG. I can see it hitting 120 once it breaks out.
The 24 analysts offering 12-month price forecasts for Hess Corp have a median target of 118.00, with a high estimate of 180.00 and a low estimate of 88.00. The median estimate represents a +23.64% increase from the last price of 95.44.
The PEAD projected a Bullish outlook for $HES after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 100%.
Energy remains the top-performing sector this year. Today we’re focusing a member of the group with potentially classic breakout behavior: Hess.
The first pattern on the oil and gas stock’s chart is the is the October 26 surge above $137. That was the previous all-time high from 2008. A move through that level suggests old resistance has lost its...
1. Looks like it's not making a new high at this point.
2. Will need to reach a lower price to attract more buyers to increase the price
3. Trend has broken down.
@Mide408
Possible stop under handle low or mid cup which is 76.50
Cup low is 61.93.
Depth is 29.16.
No recommendation.
The 50 SMA has crossed up through the 200 SMA. The moving averages are still not in order and price is quite a ways above the 50 SMA.
Bull Flag and price appears to be breaking upper trendline of flag. Uptrend and a close above the flag needed to...
Hey my friends, HESS CORPORATION is in a bullish contination on MULTI TIMEFRAME buyers rejection on a small sales volume but in the before session ditto. Strong possibility of going up on the last precedent higher with a buying force, we can find ourselves on the next high which corresponds to the upward gap on the high point Via TIMEFRAME 4 H only if the buyers...
