VTOL will benefit from the resurgence in offshore drilling as their fleet of helicopters becomes more in-demand. Also, the chart is technically beautiful. Clean 5 waves up off the COVID low, followed by a kiss of the 50% retrace. Sell zone is $175-290. The sell zone will narrow as time goes by.
RIG recently broke out of its bull flag. However, since then oil prices have fallen sharply, creating selling pressure for RIG. RIG successfully defended the breakout yesterday when oil prices were down 4%, but RIG has another test ahead of it today as oil has fallen another 3%. In my opinion, the downside risk from here is minimal, but the upside is tremendous,...
Solstad Offshore Trend. Bull or bear? Decide yourself!
Expect run to continue as shown. With this administration remaining hawkish towards oil, off shore requirements will continue to increase.
Solstad Offshores Linear + Support and Resistance Levels shown. Maybe this is the way? Bulls have control of 65%, while bears only 35%.
Solstad Offshore is set to break Resistance level in the Oslo Børs opening hours.
The technical of Solstad Offshore has made support on the .5 Fibonacci level, while all the indicators shown here are very positive for the bulls.
Personal buy signal for Solstad Offshore made the day posted.
Solstad Offshores Positive Uptrend is most likely to continue during the next weeks.
Symmetric triangle. good news fundamental. the outcome of this triangle will most likely be positive
Short term bearish divergence within long term trend channel. Heading towards the bottom of the channel?
Dear traders, Intro: My name is Hugo, I am 24 years old and trading crypto currencies since late 2017. English is not my main language, however, I will try to explain everything brief and clear. Be aware that I am still in the learning curve. Every idea I post is not financial advice and is only meant for entertainment purposes only. Analysis: Zcash's volume...
.... Price is expected to target the Sellside Liquidity below targeting the OB as Support to accumulate Sellside Liquidity and take out the Buystops of retails. A more bullish move is expected for this Index this week.
.....DXY will make a rejection at the Daily Bullish OB Mean Threshold... Probably Wednesday/Tuesday and start Retracing higher to grab the Liquidity Pools above. DXY is a positive correlating Future for USD based Pairs, If a bullish move is seen on DXY, USD based pairs also becomes bullish or stay in consolidation depending on the Market Cycle
EURUSD TRADE IDEAS BASE ON OFFSHORE LAUNCH PAD
Companies that are operating offshore have had an impact. OPEC is convening today-so watch out for news. My short term bias is that we will have a short pump up in price and a possible retrace. If resistance is broken, wait for resistance to become support and go long.
Reentry on my view from 06/16/20 price finding support at H4 +ob see a retracement taking out buy side liquidity on previous days highs 0.69000 a level a lv to pay attention too also filling FVG that is shown on H4
his is my view on AUD/USD short down to the daily +ob last wednesday 5th of june price raided the high of Q1 -which initated the first leg down currently price is at a LP from the H4 - LP- Launch pad, combonation of a breaker and ob to which creates a zone for a higher strike rate dark blue is H1 -ob thats holding price at the moment...