The pullback in oil has either just ended, or will end after one more leg down. In my opinion, it is a higher probability that the bottom is in and that we will begin a new uptrend from here. However, there is the potential for one more leg down, which I would expect to find support along the bottom of the trend channel or at the 0.618 retrace at about $56 if it...
RIG with a solid golden retriever breakout. Once in a lifetime pattern that could yield unparalleled returns.
The trajectory of NYSE:XOM reveals a parallel uptrend, mirroring the recent impressive performance of energy stocks. Currently, the energy sector exudes a distinctly bullish sentiment, underpinned by notable market trends. A bullish outlook prevails as long as NYSE:XOM maintains a position above the crucial threshold of 104, indicating a potentially promising...
If you get an entry at 49 then that would be perfect with SL. Dvn should breakout anytime
ENPH is in the energy sector which has been strong in the past couple of weeks. On the 2H chart over the past two years visible, ENPH is just above its support. It is about 50% below its pivot highs of 9-12 months ago and in a parallel descending channel. I believe that ENPH is now set up for a 50% retracement of the Fibonacci type. Fundamentally, two or more...
IMPP is rising from its lows of July after falling from a triple top in June at 3.8 which is the target for a long trade. Price is now above the POC line of an intermediate term volume profile having crossed the mean VWAP line anchored at the share split (purple and thick black lines respectively). Price bounced off the first negative standard deviation line...
Energy Fuels (UUUU) is a Uranium and Vanadium mining company that is domestically sourced low carbon renewable energy fuel (U( and steel strengthener (V2O5). * Improving earnings - nearing profitability * Domestic contract growth * By-product Vanadium is also in demand - steel recycling * Energy market can not rely on oil and LNG alone * MFI crossing 50% and...
#POWERGRID... Intraday as well as swing trade All levels given in charts ... IF good potential seen then we work in options also if activate then possible a good movement Keep eye on this ... We take trade only when it activates... Possible to give good target TRADING FACTS
🐂 Trade Idea: Long - VLO 🔥 Account Risk: 1.00% 📈 Recommended Product: Knockout / Option 🔍 Entry: +/- 116.75 🐿 DCA: No 😫 Stop-Loss: 107.99 🎯 Take-Profit #1: 127.09 (75%) 🎯 Trail Rest: Yes 🚨🚨🚨 Important: Don’t forget to always wait for strong confirmation once possible entry zone is reached. Trade ideas don’t work all the time no matter how good they look....
HAL being part of the energy/ oil sector has been down lately but after all in keeping with the concept of buying low and selling high, it may be at a buying point. Here in the 4H chart, I have set up two long term anchored VWAPs one at the swing pivot high a year ago and another at a swing pivot low last October. As a result the chart has zones between the...
NRP is an energy stock. Shown on a 15-minute chart it appears to have a reversal pattern. The mass index indicator's value has risen above 27 and is about to trigger with a fall under 26.5. The normalized MACD shows a cross of the MACD and signal line well below the zero line. The 28 period linear regression line has given a buy signal below the last candle. ...
AMEX:XLE Bear Flag on the weekly chart, Close on a weekly basis first target is the horizontal line.
This investment strategy scrutinizes the complex landscape of major oil corporations like Exxon, Chevron, Shell, and BP , situated at the crossroads between their traditional petroleum-based profits ("black gold") and the imperative to transition towards sustainable energy sources (the "green future"). The approach is uniquely neutral, recognizing both the...
SSE has now resumed it's uptrend after breaking our in August last year. So, that took about 6 months of consolidation and a few tests of previous resistance at approx. 1500 which is now support.
ERX is a bullish leveraged ETF for the energy sector similar to XLE. On the 30 minute chart, the supply and demand zones are displayed from the Luxalgo indicator. The midline between them is the red line which is confluent with the POC line of the volume profile. On the prior down trend last week, price got support from that line and bounced back to the...
After the Organization of the Petroleum Exporting Countries supply cut and considering the Elliott Wave Chart Pattern, i would say the next price target for XLE Energy Select Sector SPDR Fund is $92.60. Looking forward to read your opinion about it.
RECAP: Back in May 25, 2022, Nordex issued a profit warning and its stock was down -17.05%. The new estimates where: FY2022 PROFIT WARNING ESTIMATES FROM MAY 2022 (Source: Nordex's IR website section): – FY2022 Consolidated sales: EUR 5.2 to 5.7 billion – FY2022 EBITDA-margin: minus 4 to 0 percent, including all one-off effects - Capital expenditure: EUR 180...
Good morning traders! Haven't posted in a while since I took my time to teach the new guy I started working with, I'm sharing with you today my trade on NATURALGAS which is a short one. Sell and set TP and SL at your own risk! For more questions don't hesitate to ask!