Lilak can record more price uptrend in the next days over its EMAs.
Currently, the price is moving back to the previous support line. This can mean a support protection and trend continuation.
IMPORTANT: This is not financial advice.
Recently we witnessed the price breach a descending trend-line looking similar to an inverse head and shoulders.
Target is the resistance approximating 30%.
Good luck and follow me for more!
$GUSH has so much latent potential in a healthy economy and is a top ETF in any energy investor's choices. To call a previous annual high back to reality would bring a rapid gain to all positioned in this ETF which is managed by Paul Brigandi. He basically put a package (assembled) today that *nearly* matched one of the emerging stocks in the oilfield arena:...
Well, FIB retracements were shattered to pieces with the BULL RUN $USOIL experienced on Monday's market open.
The only thing that makes any sort of sense here is to target a relative previous high as a potential early exit point. Of course, LBRT's high upside looms higher than this focus at 9.81, but there's already a sizeable profit on the entry point for this...
$LBRT re-tested a previous trough @ 6.44. It found some good support at that line, but it is now starting to dip below it. We are thus targeting 5.6/s as the rough area for it. Considering a top out was previously called at 10.44... this is a 100+% ROI on a mega-long-swing. That said, be patient w/ entrance and also with exit -- if you like "quick results," this...
Liberty and the oilfield industry is taking a hit: This looks at two previous dips that could be realized soon. We will be watching to see if LBRT gains support at any junctures and figuring out some support lines later in the trading week.
This is mostly a willfully cautious projection of two dip points that would make GOLDEN entry points to $LBRT to swing a...
Liberty has been rising while OIL has found a massive resistance over 40/bar.
In the period oil has traded sideways, $LBRT Has rose: This is an overall very good sign.
Ultimately, the oil must return to 60+ per barrel but it is nowhere close, and the entire oil trading industry lingers in this cesspool created by a pandemic, a scare of impending crisis - and...
A great earnings report by Liberty may be mitigated in effect by $USOIL falling below 39/bar as of just before this week's market opening.
The overall weakness of oil could cap any rises LBRT may have incurred from a potentially good earnings report. That's a thought, anyway. There is nothing else to add to this. LBRT is down pre-market and it might be a time to...
Liberty has traded on a wide channel since exiting its March low.
The high-upside, exit-point that we are targeting is 10.44 on this swing.
With LBRT trading at 7.8 right now, this should represent roughly a 33% ROI on a rather patient, long-term swing.
Always do your own research. BDR is not infallible nor a guru: These are ideas; not advice.
Happy...
Liberty is making strides its rival isn't, HAL. And that is a clear as day sign that there is a new top dog, at least soon, in the Oilfield prep industry.
There is some "MAGIC POINT" for dang sure - to just say HAL plug pulled -> all positions dumped into LBRT. Pretending timing is my 1st goal is silly though: it doesn't matter that much probably, as long as the...
I could spend time pouring over the harmonics of LBRT, and in the past, certainly, we've done so here. No real sense even peppering this later w/ the links that proliferate my page (Particularly for HAL, its sister - rival, stock. There's enough LBRT talk too).
Today isn't that.
Today is to say that LBRT's recent strength through a very tough time for USOIL and...
Now is a good time for those waiting on COVID oil corrections: LBRT fell below 6 per share last week, and it provided a GOLDEN ENTRY POINT for the Long now en progress. Oil is 43+ per bar. and most oil commodity traders are LONG on $USOIL -- the same logic applies to Liberty Oilfields. Expect the real gains to follow the rest of the week with oil starting out...
