BGR Blackrock Energy and Resource Long IdeaMonthly chart here. We’ve got a few things going on that are bullish imo.
-Large Volume gap
-price is in a monthly apex (powerful)
-risk is relatively low
I’m thinking about layering in some buys here and averaging down. As I suspect dips after the new year. Target would be 70-100% spot.
Invalid
BlackRock Energy and Resources Trust
No trades
0.02 USD
14.14 M USD
30.33 M USD
25.45 M
About BlackRock Energy and Resources Trust
Sector
Industry
CEO
John M. Perlowski
Headquarters
Wilmington
Founded
2004
IPO date
Dec 23, 2004
Identifiers
3
ISIN US09250U1016
BlackRock Energy & Resources Trust operates as a closed-end management investment trust. The firm's investment objective is to provide total return through a combination of current income, current gains and long-term capital appreciation. It seeks to achieve its investment objective by investing its assets in equity securities of energy and natural resources companies and equity derivatives with exposure to the energy and natural resources industry. The company was founded on December 23, 2004 and is headquartered in Wilmington, DE.
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
