Energy stocks score biggest rise in a month as OPEC+ cuts begin Energy stocks closed an otherwise mediocre week in strong fashion, as oil traders who have grappled with concerns over the global demand outlook may finally see signs of tightening in the oil market. Saudi Arabia and Russia started the week announcing fresh production cuts that will bring total...
Triangle area lends confirmation consolidation may be short: Bull run likely follows. Current entry point pretty solid, too. Will likely surpass annual high w/ target just over 11/s; high upside could be higher still. Just a Short but sweet touch on Sun Power. Happy Trading/Investing!! -BDR
The three periods of consolidation have been outlined and $FCEL appears to be entering the fourth wave. Note the general upward trend of the first three. This one could be the one that leads to its massive breakout. This current period of consolidation could be the longest-lasting, requiring a tiny bit of patience, but due to that, it also could be the big boy...
With the natural energy sector booming, $SPWR has made a great play thus far. Entering on Monday, it has gained since and looks to still be in for a strong corrective wave. The ultimate potential of this is not fully clear. However, thus far, the entire sector has had a tremendous past month. It is a well-proven company trading much lower than it once did, but...
Though I entered FCEL Positions on Monday, I stayed quiet for a little bit about it. The consolidation led to the thought a BULL RUN was coming, and the past two-weeks really have been just that. The entire natural energy sector has had a great overall past month, rallying on days the S&P is down - and even on days the NASDAQ itself does. FCEL is a crazy...
Hi, today we are going to talk about Noble Corp and its current landscape. Noble Corp is poised to receive increasing attention from the market as relevant events are taking place. The offshore drilling contractor named the industry veteran Stephen Butz as its new CFO, Butz previously was CFO at Rowan and Hercules Offshore and can represent a great change for the...
I remain bullish on offshore drilling and services. They have been in long term bear slide. But they have begun to rise on much increased volume. A .236- .382 retraction seems reasonable to me long term. These levels also appear to at expected resistance levels. Process your way.
Bullish price structure. Ideal stop below 17. 4x ev/ebitda. Healthy cash flow and balance sheet. Joint venture with Saudi Aramco.
Appears to me NE is building the classic stair step pattern.
There is a triangel form and it was shown just before. deadline on 24.01.2017 15:00 +3:00 time zone 3.65 is the best positon to buy,