POSITION: 1,000,000.00 SHARES - BULLISH CHARTS & INDICATORS!
As our Followers know, we've been in and out of Southwestern Energy.
Today, we opened up another somewhat large position because we feel SWN is a better company, and financially stronger, than when the stock was trading at $52.82 back in 2010.
Looking at the charts...
Daily, Weekly and Monthly
Monthly Chart - Stochastics, RSI and MACD are turning up - BULLISH
March of 2016, SWN went from around $6.00 and ran to almost $16.00 within 8 to 12 weeks.
We see the same picture lining up today within the charts.
Our forecast for Natural Gas - It should hit between $4.50 and $6.00 moving into the Winter which will be extremely BULLISH for SWN.
The amazing thing about this stock is this, the price has been trading under the cloud since November of 2014 and its still making huge gains in price.
As for the Monthly Chart...We see no "major" resistance until SWN hits upwards of $25.00 especially if the price can close above and / or around $7.10 to $7.25.
Weekly Chart - On Balance Volume, Stochastics and RSI are Turning Up - BULLISH
MACD is hugging the Center Line ready to break above - BULLISH
On the Weekly Chart, SWN needs to close around $5.75 and the stock should run higher.
Daily Chart - SWN is above the cloud with support around $5.40, exactly around where it held today before bouncing off the low of the day.
SWN is a pure turnaround story and we think now is the time to take a large position.
With over 90% of institutional investors owning the stock, we are not the only investors who think something good is coming!
POSITION: 1,000,000 SHARES
AVERAGE PRICE: $5.46
DISCLAIMER
No RELIANCE-ON
Accordingly, I will not be liable, whether in contract, tort (including negligence) or otherwise, in respect of any damage, expense or other loss you may suffer arising out of such information or any reliance-on you may place upon such information I have posted. Any arrangements between you and any third party contacted via the Website are at your sole risk.
Today, we opened up another somewhat large position because we feel SWN is a better company, and financially stronger, than when the stock was trading at $52.82 back in 2010.
Looking at the charts...
Daily, Weekly and Monthly
Monthly Chart - Stochastics, RSI and MACD are turning up - BULLISH
March of 2016, SWN went from around $6.00 and ran to almost $16.00 within 8 to 12 weeks.
We see the same picture lining up today within the charts.
Our forecast for Natural Gas - It should hit between $4.50 and $6.00 moving into the Winter which will be extremely BULLISH for SWN.
The amazing thing about this stock is this, the price has been trading under the cloud since November of 2014 and its still making huge gains in price.
As for the Monthly Chart...We see no "major" resistance until SWN hits upwards of $25.00 especially if the price can close above and / or around $7.10 to $7.25.
Weekly Chart - On Balance Volume, Stochastics and RSI are Turning Up - BULLISH
MACD is hugging the Center Line ready to break above - BULLISH
On the Weekly Chart, SWN needs to close around $5.75 and the stock should run higher.
Daily Chart - SWN is above the cloud with support around $5.40, exactly around where it held today before bouncing off the low of the day.
SWN is a pure turnaround story and we think now is the time to take a large position.
With over 90% of institutional investors owning the stock, we are not the only investors who think something good is coming!
POSITION: 1,000,000 SHARES
AVERAGE PRICE: $5.46
DISCLAIMER
No RELIANCE-ON
Accordingly, I will not be liable, whether in contract, tort (including negligence) or otherwise, in respect of any damage, expense or other loss you may suffer arising out of such information or any reliance-on you may place upon such information I have posted. Any arrangements between you and any third party contacted via the Website are at your sole risk.
Trade active:
BUYING THE RUMOR
RUMOR SWN has been approached by several big Oil / Gas Companies for a FULL BUYOUT
ADDING 250,000 SHARES
Average Price: $5.17
RUMOR SWN has been approached by several big Oil / Gas Companies for a FULL BUYOUT
ADDING 250,000 SHARES
Average Price: $5.17
Trade active:
SWN is a GAS Company but yet it trades with the price of OIL.
Yes, so while the price of NG is up to almost $3.50, SWN should be rising in price.
We are using these dips to add to our position.
SWN is a $10.00 a share stock all day long even on a bad day like today!
If you look at GPOR's Revenue, or should we say, lack of, SWN is making over 3 Times the revenue of GPOR and look where GPOR is trading compared to SWN.
BTW...Yes, we are way up on an average cost basis but the run up has not even started!
Yes, so while the price of NG is up to almost $3.50, SWN should be rising in price.
We are using these dips to add to our position.
SWN is a $10.00 a share stock all day long even on a bad day like today!
If you look at GPOR's Revenue, or should we say, lack of, SWN is making over 3 Times the revenue of GPOR and look where GPOR is trading compared to SWN.
BTW...Yes, we are way up on an average cost basis but the run up has not even started!
Trade active:
SWN just BLEW past earnings and hit the highest estimate of .25 cents. Revenue also blew past the highest estimate. SWN is one of the most undervalued gas companies in the industry.
Looking for $10 to $15 within 6 to 12 months.
Looking for $10 to $15 within 6 to 12 months.
Trade active:
BREAKING NEWS
NATURAL GAS SHORTAGE
Natural gas production hit another high in the United States at approximately 87 billion cubic feet per day (Bcf/d) over the last weekend. The rise in production contributed to a total gas supply over 91 Bcf/d before we even head into the winter months.
The surge in domestic natural gas production comes at the same moment as we are experiencing a shortage in storage going into the season with highest natural gas demand. Storage is vital during the winter months when demand for natural gas spikes and production is not able to keep up, causing the necessity to dip into reserves.
NATURAL GAS SHORTAGE
Natural gas production hit another high in the United States at approximately 87 billion cubic feet per day (Bcf/d) over the last weekend. The rise in production contributed to a total gas supply over 91 Bcf/d before we even head into the winter months.
The surge in domestic natural gas production comes at the same moment as we are experiencing a shortage in storage going into the season with highest natural gas demand. Storage is vital during the winter months when demand for natural gas spikes and production is not able to keep up, causing the necessity to dip into reserves.
Trade active:
NATURAL GAS SHORTAGE - NEWS CONTINUED...
Currently storage is at a 10-year low, coming in below 3.2 trillion cubic feet of available storage capacity. What’s more, net imports of Canadian natural gas have been low thanks to Enbridge’s pipeline rupture near Prince George, British Columbia.
Currently storage is at a 10-year low, coming in below 3.2 trillion cubic feet of available storage capacity. What’s more, net imports of Canadian natural gas have been low thanks to Enbridge’s pipeline rupture near Prince George, British Columbia.
Trade active:
NEWS
Mexico To Ramp Up LNG Imports From The U.S.
Nov 03, 2018, 2:00 PM CDT
BIG NEWS FOR SOUTHWESTERN!
Mexico To Ramp Up LNG Imports From The U.S.
Nov 03, 2018, 2:00 PM CDT
BIG NEWS FOR SOUTHWESTERN!
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!
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!
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!