Out of all my stocks this was the only one with looking at. Earnings is right around the corner so I would be prepared to sell after it pops. by iCantw84it I do have faster internet now and I might start streaming however the market doesnt look as enticing at this moment so I will wait for it to look better. Leave me a message anytime.
These are my thoughts on NBR. They are meant to give you an idea, not trading advice. Can this break to the upside tomorrow? I think so, will definitely be watching this! Please be careful, as the market never gives you certainties, only probabilities! ALWAYS REMEMBER THIS WHEN YOU TRADE
After following NYSE:NBR for a few days and studying some of the fundamentals, I concluded that this could be a possible mid-long trade. On Monday after seeing the price dropping I decided to enter a buy order at 2.00 even after seeing support to be at 1.98. My order filled this morning at 2.00 and saw it taking off. I decided that if the trend continued, I'd...
Target : 3.36 Stop loss: 2.22
NBR has broken down a 3 months correction. Look to the price action for a potential pullback and one more wave down.
NYSE:NBR $NBR looking like it could be reversing the long downtrend it has had over the past nine months. Day chart looks promising to start some small positions. Good Luck
Premium Selling For the umpteenth week in a row, there is little in the market for high quality premium selling plays. Screening for 52-week >70 implied volatility rank, you'll basically get one quality hit at the moment, and that is COST, which has dipped significantly on AMZN/WFM merger news. A few names are approaching that 70 mark, but they have earnings...
With this quarter's earnings season all but over and with VIX trundling along at sub-10 levels, there is a paucity of high implied volatility plays in the market for premium selling, so I'm looking at deploying something in either low volatility strategies (diagonals) or in directional plays that I've been eyeing. Screening for underlyings with greater than 70%...
$NBR Nabors looking strong with #3 Excess Demand calculated yesterday (see side legend). Run looks good into earnings.