StockKid
Long

LONG - BULLISH INDICATORS! ADDING 500,000 SHARES

NYSE:SWN   SOUTHWESTERN ENERGY CO
After solid earnings , SWN just started moving up within the last few days with the price of Natural Gas .

The stock is trading at an extreme discount to other Natural Gas Companies.

Looking at the Weekly Chart... (We are not day traders)

Accum/Dist - Trending Up - BULLISH

On Balance Volume Trending Up - BULLISH

Stochastics Trending Up, Just Crossed the center line - BULLISH

RSI trending up, just crossed the center line - BULLISH

MACD flat looking to break up - BULLISH

Looking at the Monthly Chart...

All indicators mentioned above are trending up - BULLISH

RSI and MACD indicators look like the stock is going to run much higher!

RSI is trending up and HAS NOT even come close to the center line - BULLISH

MACD is below the center line trending up - BULLISH

SWN has plenty of room on the monthly chart to spike up to the $22.00 a share price!

Southwestern Energy Company (NYSE:SWN) is trading with a trailing P/E of 5.5, which is lower than the industry average of 13.6.

Summary for Southwestern Energy ( SWN )

Profitable and cash flow neutral.

Trading at deep discount on price to book value multiple and price to net income multiple basis.

No significant debt maturity till 2022.

Cash on hand represents 50% of the market cap.

Increased focus on shareholder value.

"Seeking Alpha Article"

Trade closed: target reached: OUT

We did not like today's stock price action especially with NG breaking out.

SOLD 1.750,000.00 @ $6.21

PROFIT: $1,347,500.00

We still think SWN will continue to do very well but for now, we are on the side lines again.

Best of luck to the longs!
Trade closed manually: OUT

We did not like today's stock price action especially with NG breaking out.

SOLD 1.750,000.00 @ $6.21

PROFIT: $1,347,500.00

We still think SWN will continue to do very well but for now, we are on the side lines again.

Best of luck to the longs!
Excellent trade, Sir Kid. Near a short top !!
Reply
REPOST FOR FOLLOWERS

OUT

We did not like today's stock price action especially with NG breaking out.

SOLD 1.750,000.00 @ $6.21

PROFIT: $1,347,500.00

We still think SWN will continue to do very well but for now, we are on the side lines again.

Best of luck to the longs!
Reply
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