AndyTheKing

SNDE - Bullish on energy

Long
NASDAQ:SNDE   None
Nice structure being put in at the lows with Sundance Energy Inc, a 13M energy micro cap.

Technical reasons for the trade:

→ Support formed at range low
→ Very nice OBV - buyers happy to step in
→ Price gaps above on the 1D and 1W
Double bottom Market structure
→ W in RSI

Good luck!

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Comment: Weekly chart

Comments

Yea..its 2021 and we pushing a new green deal..lets hope that will save this company. i just bought some stocks.
Reply
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