#CDEV #WTI OIL IS BACK ON THE TABLE, political pressure and Russia self-suicide leadership may revive the american oil industry. The world needs oil and it needs it now! Let's see if this fallen companies can do monster profits this year
Divergence. Dropping momentum. 5 waves completed. Time to reverse - and we are betting on it. 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 going down are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere...
NASDAQ:CDEV CDEV NEXT move is very BIG We hope so
Hi there. Price is forming a big reversal pattern to change its direction. Also is close to 0 value which is a very good sign. Watch strong price action at the current levels for buy.
ticker: MMFI, is the market indicator/chart that takes into account all the stocks that are above the 50MA. MMFI is currently at 70%. Once it is at 80% small caps start blowing out of the sky. At 90% line in June, small caps go 10x in a day. CDEV is probably a trash company--but the pattern looks great. The entire stock market looks like it will breakout right now.
It looks like a cup and handle pattern here, with the chance to go up until $2.9 by the end of july or early August. MACD show a bearish trend but not really strong it could reverse in following days, also StochRSI shows we're on the bottom of the oscillation movement, eventually it will go up, also the volume is decreasing so, soon will be a nice option to...
I call this "Arrows" on the way to pushing that green ball to 50% plus. Can this happen before the larger economy prepares for meltdown part two? No advice just my own trading journal.
Hi there. Price is forming a big reversal pattern to change its direction. Also is close to 0 value which is a very good sign. Watch strong price action at the current price for buy.
LET'S SEE HOW THIS ONE PLAYS OUT... Two targets, both in green boxes.
Broke resistance, Formed new support avg. Expect a new support to form at 90 cent to 80 cent.
Cdev still raising it's value :) Get ready to jump
Cdev bounced from double bottom and is directing to high numbers now. MACD and RSI + mfi look great! Looks like it can go straight to 0.59$ or then even to 2$. Veeery undervalued company when looking on price / booking value etc.
Seems like one of the best plays if you would like to play the oil sector right now. Carlyle and Riverstone are considered the best in the oil industry
DO IT BOUNCE AT ONCE Joking aside im buying spot positions here for medium-long term positioning on CDEV here. Invalidation with a significant (daily maybe) close under this trend
One might think that having a founder of the shale revolution in Mark Papa could be a good thing, but despite the hype and once hurrah, Centennial Resources has become a prime example of all things wrong with the shale industry despite being a Delaware-basin focused producer in the heart of the glorified Permian. Last year, Centennial had to issue even higher...