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. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore...
We look to Buy at 87.72 (stop at 84.15)
Preferred trade is to buy on dips. We are trading at oversold extremes. Previous support located at 87.50. We have a 61.8% Fibonacci pullback level of 87.61 from 65.06 to 124.08. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher.
Lithuania limited railway cargo transit across its territory from Russia to Kaliningrad; Russia dubbed the move as "openly hostile"
Russia overtook Saudi Arabia as China’s biggest supplier of crude oil. Russian crude exports to China surged 55% in May
Turkey, Sweden and Finland met to discuss Turkey's opposition to the Nordic...
Shorting divergent upgoing zigzag. Fib on Wave C first as targets.
Immediate targets 86, 83,79. Invalidation at 94.
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 goals, it is prudent to suggest, are nothing...
One of the simplest way to invest/trade Oil Companies is to study the Brent/WTI price movements because they are very correlated.
Every oil price crashes, oil companies will follow as well. Commodities is very volatile and for that comes an opportunity to profit.
In the last 50 years, every time the stock drops more than 50%, it follows by a rally. For this...
it seems Energy stocks are ready to finish their correction and started a new rally!
Keep them in your portfolio during high inflation times!
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
I’m not a certified financial planner/advisor, a certified...
The technical figure Triangle can be found in the US company ConocoPhillips (COP) at daily chart. ConocoPhillips is an American multinational corporation engaged in hydrocarbon exploration. The Triangle has broken through the support line on 11/11/2021, if the price holds below this level you can have a possible bearish price movement with a forecast for the next...
Based on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on August 16, 2021 with a closing price of...
NYSE:COP pulled back this morning to a Daily timeframe 50% Retracement Level. This level goes back on the Weekly many years.
I like this for a long term hold play for dividends as well as a short term options play for the run up to earnings.
Check out my video idea for more thoughts on combining timeframes for Multiple Timeframe Analysis...
Cop are on the move, ABCD chart is done perfectly, now it's Double Bottom turn to do the same.
But first i think must be filled the GAP around 55,37 which is also indicated by Regular Bearish Divergence.
SANTOS (ASX:STO) After a great market Announcement on 28.05 (completing ConocoPhillips Acquisition) we have bounced off support of this ascending wedge and its crunch time. 20% to close the major GAP left by th COVID Crash.
-Respecting Trend of Ascending Wedge (Haven't broken Bearish)
-About to Break Ichimoku Cloud
-RSI not Severely Overbought
I was expecting COP to drop soon, did not think it would be so quick nor a one day event. If yesterday was truly the bottom and wave 4, we should be on our way to 63 level and beyond. This should occur within 2 weeks