Energy markets have turned bullish on the HTF. NATGAS confirms this. Now we intend to ride the Trend until the next reversal. We buy every time price dips/retraces/pullbacks on the H1.
Closley watching NEE . Breakdown of the triangle , bounced from the support and now retesting the breakdown. Risk reward is awesome ngl
Crescent Point Energy Fundamental Analysis Price to earnings ratio is around 1.4X (substantially lower than the sector and equities broadly) Q1 Revenues were $950 Q1 Margin was 95% income to revenue Following a 25% decline in recent price from $10.25 per share to below $7, $CPG appears to technically bullish on a long-term (6-9 months). Energy equities has a...
Energy, energy, energy: It’s been the manta of 2022, so let’s take a look at Exxon Mobil. Earlier this month, the oil-and-gas giant hit triple digits for the first time in almost eight years. As noted at the time , prices were extended and a pulled back sharply. And now they’re bouncing. The main pattern on this chart is the falling trendline along the highs...
As shown, majority of energy stocks are starting to correct. Looking into the future, we believe these companies will provide amazing opportunities. We expect barrels of oil to reach $300-400 a barrel by the end of the decade. Recommend tracking this sector very closely for amazing opportunities.
As shown, majority of energy stocks are starting to correct. Looking into the future, we believe these companies will provide amazing opportunities. We expect barrels of oil to reach $300-400 a barrel by the end of the decade. When it comes to coal, china is building more and more plants to meet required energy. Recommend tracking this sector very closely for...
As shown, majority of energy stocks are starting to correct. Looking into the future, we believe these companies will provide amazing opportunities. We expect barrels of oil to reach $300-400 a barrel by the end of the decade. Recommend tracking this sector very closely for amazing opportunities.
As shown, majority of energy stocks are starting to correct. Looking into the future, we believe these companies will provide amazing opportunities. We expect barrels of oil to reach $300-400 a barrel by the end of the decade. Recommend tracking this sector very closely for amazing opportunities.
The weekly candles for the oil and gas company, ExxonMobil, look quite bearish. This could be the start of a major decline. There is a shooting star pattern forming on the weekly chart, while the oscillators are trending down and while the daily EMA exp ribbon and daily trend lines breaking down. Although anything can happen, it is looking like a major bearish...
Update on my last post that XLE energy sector must hold the red trendline at 79. BEARISH CASE shortterm: On Thursday it broke not only the TL but also broke below my yellow consolidation box.(middle one). As of now it is holding the volume profile zone at 75 to 77 area. Looking at the heavy selling volume in all sectors, a double bottom at 71 is very probable....
Don't usually invest in funds but I like the set up here with 12M crossing 36M moving average , a lot of space to move up and the energy sector is good fundamentally at the moment . Id be entering now and selling 50-100% gains. www.gsam.com
RN Elliot Describe himself in his book that the 5th wave in commodities is usually the longest and strongest. Red channel is the Termination Channel, For wave 5 targets at centreline or topline Blue channel is Corrective Channel, breakout or breakdown will likely guide the future trend Black line is major pivots trendline, if price gets out of that look for...
XLE formed a big H&S pattern in 2002 & has since bottomed during pandemic. From there, it started a blue rising wedge which had a more chance of breaking down. However, due to the Russian invasion, it broke to the upside above the H&S green neckline.. Measuring the height of this wedge gives a target of 82.40 which XLE had reached & recently exceeded. It also...
Antero Resources Corporation ( NYSE:AR ) Sector: Energy Minerals (Oil & Gas Production) Market Capitalization: $12.969B Current Price: $41.69 Breakout price: $42.10 Buy Zone (Top/Bottom Range): $37.35-$30.90 Price Target: $56.30-$58.70 Estimated Duration to Target: 340-351d Contract of Interest: $AR 1/19/24 50c Trade price as of publish date: $10.00/contract
* Strong recent up trend * Breaking out of a one month base * Pays dividends * Price looks good on all time frames. Technicals: * Sector: Energy - Oil & Gas Refining & Marketing * Relative Strength vs. Sector: 2.07 * Relative Strength vs. SP500: 6.83 * U/D Ratio: 1.25 * Base Depth: 32.41% * Distance from breakout buy point: 1.92% * Volume 14.33% above its 15...
Just some simple T/A here on this, no real fundy's or info to share there but it's O&G which isn't going away just yet. Some key notes : I like this for the cup & handle 1st stage breakout characteristic but these OTC's tend to do pretty deep retracements. We TP'd a small 30% profit as the right side of the cup shaped up nice and peaked. Cup & Handles...
Hi All, Found an interesting article for avid chart users on XEJ Australian energy sector on ASX: Australian Stock Exchange, which I believe we can watch out for in the coming day. The article is on kalkinemedia and its title is WPL to BPT: 4 ASX stocks under the spotlight as Energy index reaches multi-year resistance.
Volatility in markets creates opportunity, but as risk is always a function of reward, the more the upside, the greater the potential for losses. Since natural gas futures began trading on the NYMEX in 1990, more than a few market participants have lost fortunes in the market that has traded as low as $1.02 and as high as $15.65 per MMBtu. Over five times...