Well most of us have seen or heard about the massive move on crude oil, first taking out that 100$ a barrel level and now hitting highs yesterday of 130.50. Let's take a look at the 3 charts, far left is the weekly time frame and we can see the 100 level being taken out last week and the extreme parabolic move crude oil is on. The middle daily time frame shows...
Oil exploding higher again making a 7 day run of 38% and XLE running up 14%. Long-term XLE is my play, raking in the dividends but taking profits relatively soon might be wise. We are right at the resistance level for XLE that looks to be pretty heavy but that resistance isn't like the Ukrainian military so I think it's more likely we blow through that level if...
At this point I am really just sharing my thoughts with all of you and keeping my own personal idea log, this will certainly be a post I update a lot! For right now I don't have a position in play on this. I want to see if this will retest the $100 mark. There is a distinct feeling of FOMO to enter long right now and I know better than to FOMO lol. If we do...
Bitcoin is below the resistance of 39500-39825$, which is an important supply area 1- Positive divergence is seen in the 1-hour chart, but Bitcoin needs to break the 39500$ level and the downtrend (blue) to climb. 2-Due to the contradictory news in the world, buyers are cautious and I think they prefer lower prices to buy. 3-I have identified two paths for...
As we know oil like the play the fins, we just bounced off the 1.0 fib and are looking to head higher price targets include 138, 140, 145, and 150
Bitcoin failed to stabilize inside the bullish channel and above the support of 39800 to 40500, and this shows the selling pressure in the market. I expect a move upwards and a pullback to the 40,000 area, where I enter the shorts position if I see weakness in the candlesticks. ⚠️ This Analysis will be updated ... 👤 Sadegh Ahmadi: @SDQ_Crypto 📅...
USWS huge weekly volume with +90% in a week It's at the resistance line now, see if we get sellers rejection or a breakout higher. MACD bullish confluence and RSI has much more room to the upside , my bias is for price to go higher this week.
gap at $50 and gap at $42 are the first things to notice. However, there is support going down so it's not like we should expect those prices quickly, but it's good to take note as trends start to break. support (blue lines) heading down priced. I do think we hit a top right around $78-$76, and will return to around $72-$74 after it drops a bit before seeing...
Prices are on bullish momentum and abiding by our ascending trendline support. We see the potential for a bounce from our buy entry at 113.65 in line with 61.8% Fibonacci retracement towards our Take Profit at 130.93 in line with 161.8% Fibonacci Projection and 127.2% Fibonacci Projection. Prices are trading above our ichimoku cloud support, further supporting our...
On the 4 hour chart, I put a Buy Order in about 30 minutes ago at 123 for Crude Oil. This is in the anticipation that Oil will continue to go up as the war continues. Can you believe there are economists now calling this WW3????? YIKES! Anyway, volatile markets so hoping we can all make some money off of this craziness. I'm looking at a minimum TP of 126 -...
MSJ square since IPO 1862 - pretty intense first target 121$ got reached very fast - next one is 134$.
Houston American Energy Corp., an independent energy company, acquires, explores for, develops, and produces natural gas, crude oil, and condensate. Its oil and gas properties are located primarily in the Texas Permian Basin, the onshore Texas and Louisiana Gulf Coast region, and in the South American country of Colombia. As of December 31, 2020, the company owned...
A clear confluence between a supply zone and a trendline resistance. The price is also overextended + overbought, Hence I expect CL to pullback from here
ION Geophysical Corporation provides data-driven decision-making to offshore energy, and ports, and defense industries worldwide. The company operates through two segments, E&P Technology & Services and Operations Optimization. The E&P Technology & Services segment creates digital data assets and delivers services to help E&P companies improve decision-making and...
Imperial Petroleum Inc., together with its subsidiaries, provides international seaborne transportation services to oil producers, refineries, and commodities traders. As of September 30, 2021, it owns and operates cargo fleet with capacity is 255,804 dwt. The company was incorporated in 2021 and is based in Athens, Greece. Imperial Petroleum Inc.(NasdaqCM:IMPP.V)...
Enservco Corporation, through its subsidiaries, provides well enhancement and fluid management services to the onshore oil and natural gas industry in the United States. It offers frac water heating, hot oiling, pressure testing, acidizing, bacteria and scale treatment, freshwater and saltwater hauling, fluid disposal, frac tank rental, well site construction, and...
Delicate situation with Crude Oil. Levels are almost to similar seen back on 2008. The price will definitely continue to rise if EU countries and other NATO countries don't find a new partner for Crude Oil. Venezuela and Iran are amongst the preferred choices to solve this crisis, but this could take a couple of months to see action from talks. Meanwhile the price...
This My idea for the next big movement on wti (us oil) ! i see bullish movement and high price in the near future due to a lot of things that going on in the world right now. And the first case of this things is to collect back losses from 2020 Don't get involved in the wrong timing or it will be costly for you ! i'm sharing this to give you a general idea...