Dominion Energy Inc. long position Dominian Energy Inc. stock is depressed and I think it is time to buy. Bloomberg analytics estimate about 18% surge in EPS 2022 Q4. My trade levels Entry: $61.67 Take profit: $70.63 Stop loss: $57.82 Risk/reward: 2.33
Consol Energy Intraday - We look to Buy at 68.04 (stop at 64.15) Broken out of the triangle formation to the upside. This is positive for sentiment and the uptrend has potential to return. The measured move target is 79.00. Dip buying offers good risk/reward. Our profit targets will be 78.87 and 85.00 Resistance: 79.00 / 85.00 / 90.00 Support: 68.00 /...
Energy remains the top-performing sector this year. Today we’re focusing a member of the group with potentially classic breakout behavior: Hess. The first pattern on the oil and gas stock’s chart is the is the October 26 surge above $137. That was the previous all-time high from 2008. A move through that level suggests old resistance has lost its...
SM Energy Company ( NYSE:SM ) Sector: Energy Minerals (Oil & Gas Production) Market Capitalization: 5.455B Current Price: $44.50 Breakout price trigger: $45.50 Buy Zone (Top/Bottom Range): $43.30-$39.70 Price Target: $54.30-$55.60 Estimated Duration to Target: 62-66d Contract of Interest: $SM 1/20/23 50cTrade price as of publish date: $3.70/contract
GLOP seems to be trending upwards in overall bearish market momentum. The energy company has exceeded analyst expectations during earlier quarterly reports. We seem to be in an upward top position in the purchase flow for this particular stock. If the price stabilizes for a couple of days we may see a beautiful bull flag forming on the chart. This should be added...
Conoco Phillips on the move. Two week minor pullback and breaking out. IQ has always and will always, get all the praise; but discipline gets the job done ~Mark Ritchie Lose like a pro and keep trading, or lose like a novice and quit ~Mark Ritchie
Thank you for your likes and comment. Little bit of risks have been taken in this analysis. Still, all, under probabilities. Thank you for your support. Saudi Aramco price has been illustrating what is "divergence" in chart analysis. It is back to an important price point. From here, it is possible to see the price ranging to then recover fon a long run in the...
This is the first move that was drop early this week for the daily chart Everyday, every week, and it never stops. what is our next move???
The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: its my view only and its for educational purpose only. only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...
In trading or at the beginning of a trading week we need to have a look at the fundamental first to know when we are likely to have more volatility in the market This is just the news 📰 for this week concerning USD since we dealing with Usoil alone here We expecting price to drop into this monthly +OB and FVG and this are one of the things we must keep in...
ABC correction appears complete. No in a leading diagonal rising wedge pattern. Likely a retest to $5.80 before starting the next leg higher.
Two week falling wedge. Volume drying up in the wedge. Pulled back 61.8% on 2022's advance. Small cap energy company with serious earnings and revenue growth. You don't need to know what's going to happen next to make money ~Mark Douglas Lose like a pro and keep trading, or lose like a novice and quit ~Mark Ritchie
STEM operates as a digitally connected and intelligent energy storage network provider in the USA and internationally. Above 50/100/200 EMA High volume Clean energy demand Revenue beat in earnings report
Interesting pattern with current surge in energy sector, earnings this week
1 1/2 month H&S bottom bullish pattern. Pull backs light and normal. Today's print is a hammer candle. You don't need to know what's going to happen next to make money ~Mark Douglas Lose like a pro and keep trading, or lose like a novice and quit ~Mark Ritchie
Classic backwardation scenario, a textbook move. Major supply disruptions at Prelude floating liquefied natural gas (FLNG) facility in Australia, Nord stream at 20% flow, and a lag between demand and LNG deliveries to Europe will likely drive prices higher, but we are betting on what we know, the difference between spot and the August contract. We can expect the...
$XOM is up with a gap above demand level of 89$, Showing strong momentum is a bear market.
Nat Gas is not stopping anytime soon. See you all at $45 -$50 IMO very soon.