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mcmarc2000
Mar 11, 2022 11:55 PM

W Pattern  Long

Hess CorporationNYSE

Description

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.

Trade closed: target reached

Comments
Investor_NL
Broke out today, almost to your target zone :)
Investor_NL
Nice, half way there.
mcmarc2000
@Investor_NL, almost )
Investor_NL
@mcmarc2000, The all-time high is 137 back in May 2008. This thing can still go higher beyond 120.
mcmarc2000
@Investor_NL, thanks for pointing that out .. 2022 R3 yearly pivot is around that range.
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