$CEI trend analysis. Looks very bullish imo. 10-K is about to come out within a few weeks max, as the CEO James Doris has stated. That will launch a squeeze.
- To bid on this shitstock.
Could still fake out below the trendline (linear trendline bottom is at 0,19), and still be a good buy poised for at least a 4x.
Godspeed
If you haven`t bought CEI at $0.59, before it went to $4.85:
Then considering the volume and the fundamentals ( the institutional investor which purchased 10,544 shares of newly designated convertible preferred stock for a purchase price of $100,000,000), you should know that my price targets for CEI are $2.05 and $3.40.
Looking forward to read your opinion about it.
CEI Camber Energy with almost 600M in trading volume near the close. Up over 70% with a high so far of $1.47 from .85 - Insane !
I'm in with a .78 cost average and added calls today various strikes and opex because looking at the levels and volume I think there is room for more upside.
For those newer to trading I tried to identify resistance levels with...
Camber Energy, Inc., an independent oil and natural gas company, engages in the acquisition, development, and sale of crude oil, natural gas, and natural gas liquids (NGL) in the Cline shale and upper Wolfberry shale in Glasscock County, Texas. As of March 31, 2020, its total estimated proved reserves were 133,442 million barrels of oil equivalent comprising...
Impulse is finished and we are in the very early phase of correction. First we are correcting the fifth wave, and monitor the situation for even deeper drops.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci...
AMEX:CEI just tested a pretty significant support level (EMA 100, 0.5 fibonacci, VPVR level) and we have confirmation of short-term trend change. All signs pointing to go long. For take profit & stop loss levels please take a look at the chart.
Good luck,
Your Ganbu
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CEI ripped shorts faces off today. Nice basing right at resistance implies further move to the upside in my opinion.
I like the 10/15 2/1C debit spread for .4 as an idea here.
Meme strength
If you didn`t wanted to buy on my first call, when Blackrock increased ownership in it:
Then you should know that most likely the price will hit the 1.25usd per share for which the institutional investor bought 15Mil worth of CEI Camber Energy stocks.
On 5/7/2021 BlackRock Inc. reported 472,687 shares of CEI Camber Energy worth $0.49M, an increase of +47,268,600% and 1.891% ownership in the company.
If you do the math, they bought the shares at 1.03usd!
Now you have the opportunity to buy them lower than BlackRock Inc at 0.60usd!
Average daily Volume is 8,539,760
Market Cap is only 34Mil
Using the...
Camber Energy Inc (NYSEAMERICAN:CEI) Price should become explosive if this chart pattern is broken to the upside with volume. I would go long this stock on a move above $1.14 for a day trade.
Stock Symbol: CEI
Getting candle cross on weekly, bounce around previous low.
This is looking like a shift in momentum to the upside.
Accumulation phase
Diversify and use 5% stoploss
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$CEI: very oversold, way under 200MA. Potentially bouncing off fib line to retracments: .115, .122. Indicators look polished. Bollinger Bands exploding
