Use this as a guide to develop your view of the situation. Main items we can see on the Weekly Chart: a) Take a look at the 2 previous descending trendlines (white) in the past b) Observe how in both of them the price broke the descending trendline and after that, a corrective movement came c) That corrective movement took about 3 to 5 weeks to be ready ...
First off, please don't take anything I say seriously or as financial advice. That being said, this is on opinion basis (as always). Spire Inc. recently went down for a variety of reasons. One of those reasons I think is a result of resistance given lower demand for gas consumption in the coronavirus time period. That is why I am not bullish for the expected...
- Today has seen the release of this week Natural Gas Storage numbers within the United States - This weeks numbers shown a further build 70bcf for Week Past slightly lower than analysts forecasts
Here is a more in depth analysis of yesterday's published idea. WTI has appeared to have confirmed a new bottom with the EMI after closing repeatedly above bottom support (scripting thanks to @bonic) signaling a heavy buy signal on the weekly and monthly charts. We have to manage risk here. I have place a strong watch on the bottom uptrend support around 1.8 up to...
Zion oil and gas. Penny stock. I reviewed this one on april 1st. Said it was a good buy around 19 cents and is currently up to 25 cents! Looks as we setup the double bottom on the breakout retest. I see lots of green, I hope she can get that fuel to run it up. Best of luck to those that were watching this one with me. Get that money!
OIL could be the best investment of the year right now. - Biggest intraday drop since 1985 - Lowest price since 1998 As soon as Corona will fade away, Airlines will recover and everyone will need oil again. Also expecting to OPEC deal to cut more until further notice when everything will end Buying now... Don't wanna regret later. STOP LOSS 3$ per Barell with...
little breakdown on a few pairs in the title and there's some good selling and buying opportunities across the board i hope you enjoy and let me know what you think as well have a great weekend :)
50 year parallel channel shattered. It took 50 years to get there, how many will it take to come down? Be patient. Give it some time to breathe.
- This week has seen the Natural Gas Storage Data post a build of 43bcf for the week. - This is slightly lower than last weeks numbers, however, is still recorded as a build for the week. - This is now the 3rd consecutive build we have seen
need wait gas stable above 1.97 than should be a good buy
FX_IDC:WTIWCU :Strong Sell The petrodollar is any U.S. dollar paid to oil-exporting countries in exchange for oil. The dollar is the preeminent global currency. As a result, all international transactions, including oil, are priced in dollars. Oil-exporting nations must receive dollars for their exports, not their own currency. In addition, most of them own...
Last week Price hit multi-year Support level 1.580$ and bounce back from multi-year support, Currently price hit long term downside trend resistance. Next, some month now Demand of Gas VERY LOW as Summer period starts, we will see come next week Price go back 1.510$ support 🛑SUPPORT/RESISTANCE ✅S1= 1.725 ✅S2=1.510 ✴️R1=1.840 ✴️R2=1.920 Please like, share,...
Finally an opportunity for this misunderstood asset. Let's buy the breakout to the 60 entrancement in the daily. Good luck!
For intraday sell after breakout invalid above 487
Use this as a guide to develop your view of the chart. Main items we can see on the Weekly Chart: a) The price is on a significant Support Zone b) We can see two similar situations on the past that can work as filters c) Those situations had in common the next steps: Broken Descending Trendline + Corrective Structure d) We will be waiting for a similar...
NYSE:MR Revised profit potential to 30% from 90%. Oil prices still under pressure despite nations agreeing to cut production; however, it is a demand shock rather than a supply shock. Will MR take the RED or GREEN path?
The "Future of the Gas Station”? (“Christ the Redeemer of Oil?”) One of the most beautiful (UNBELIEVABLY beautiful) and largest “mega cities” in the world which is also named one of the New Seven Wonders of the World is (in) the city of Rio de Janeiro. Perhaps the only other mega-city “city” on Earth that can come close to matching the natural amazing cliffs and...