RSI shows over bought at this point and this may be the point in which short-term players may be taking profits. May be able to ride momentum up to a nice target price marked at the second resistance. If you're happy with profits wait a few days for the price action to settle and find a new entry. Currently not active in this trade, however, a good colleague of...
Good potential for Methanex, a methanol fuel company
ETE has been trading in a channel for over a year now, currently, it is near the bottom of the channel so I am anticipating a bounce higher into the channel. I entered this trade earlier today. If the trade moves in my favor I will wait for two full days before moving my stop.
FuelCell Energy, Inc. develops and commercializes fuel cell power plants for electric power generation. The Company also has contracts to develop its fuel cells for use of alternative fuels and for marine transportation applications. FuelCell has research and development contracts with government and industry. The coming year is very important for fuel cell...
The stock is trading below 50 day moving average. Failed to breakout. The technical bottom is 15.25 dollar. When bullish on the stock buy more on that level. Short term the stock can decline more.
set alert to buy before uptrend.
LPE a novel Queensland based discount energy provider with consistent revenue growth has proven to have strong support historically at 2.3c. The stock has over the past few sessions been strongly absorbed in this range and now appears to be nearing a break point. The growing revenues and approach to the spec dream of being cash flow positive signal to me that this...
The daily chart offers somewhat more upside potential if buyers manage to clear 390.50. A rally up to 410.25 and the main weekly projection around 448 is feasible. With stops below 375 risk/reward is certainly good enough for some trading long-entries. Do keep in mind that the weekly uptrend is quite mature so risks for the longer term are elevated.
XLE is slowly making its way towards a very interesting weekly support zone - 60-62$ Notice that this price zone is the 61.8 Fibonacci level from 2009 low and from 2016. Also notice that it is the neckline of a weekly H&S pattern. If it will break, XLE can fall to 55$ and maybe even 50$ If it will hold as support, the extremely bullish scenario is that it will...
Gel is showing signs of resistance at the $32.39 to $32.85 level. Needs to clear that before any talk of continued uptrend. But for now, time to take profits if you already have some.
I think their will be market correction on "Energy Sector" of market, because it is over valued.
I am watching $HAL hoping for a short term swing; seems to be going the right way so far, I like the recent news they've had. Bought on the 16th, hope for a strong next couple months.
Caution: Preliminary Research – not an investment advice What yesterday looked like a good long, today looks like even better one after the security took a 5% hit today. What we're looking at: Gazprom mispriced at the fundamental level, giving a chance to almost double – according to the research, one could anticipate an appreciation of anywhere between 82 and...
I'm not satisfied with the performance of our XLE and ERX position. Sooner or later the rally will start here also... The more time we spend below the purple trend line the bigger breakout will come. On the 4th of April we broke above the trend line but lost it in a week. On the 4th of May we printed a new low in this decline on very high volume. Most probably...
I'M EXPECTING A LITTLE MORE OF A PULLBACK HERE AND THEN CONTINUING HIGHER...HOPEFULLY FOR MY PLAN! IF IT RUNS BEARISH TO 5 OR BELOW I MAY BE LOOKING TO PICK UP SOME MORE SHARES.
In my opinion, $77.50 is a critical support for #SLB. It will be my entry price if #SLB will hold and reverse at this price range.
This is only a trading capability - no recommendation !!! Next wkk i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron