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Jan 8, 2020 11:25 AM

Earthstone Energy 40% gain so far Long

Description

Entry level $7.25 = Target price $9.85 = Stop loss $6.80
Golden cross complete
Indicators are bullish but getting near overbought levels.
Previous alert worked out perfectly, stock is now 40% higher.
P/e ratio 5.04, very low
short interest 7.85%
Earthstone Energy, Inc. engages in the acquisition, exploration, development, and production of oil and gas preserves. Its primary assets are located in the Midland Basin of west Texas and the Eagle Ford Trend of south Texas. The company was founded on July 7, 1969 and is headquartered in the The Woodlands, TX.
Comments
trade_tools
How do you analyze the entry point, in this case 7.24?
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