OSH looks good on every chart Monthly, Weekly and Daily.
I think in medium term it has potential to touch $6.70 range.
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GASX has been making steady progress on its natural gas claims in Colombia and catalysts are just around the corner. As natural gas prices are exploding worldwide, it is yet to catch up to other plays in the space.
Bullish MACD cross is a technical buy signal. Notable pickup in accumulation. Stock price has moved above key EMAs. Could see a bigger move soon.
OPEC monthly report was issued a few minutes ago, and the report was not positive for OPEC+ and the oil-producing countries within the group, led by Saudi Arabia. OPEC kept its forecast for oil demand in 2021 unchanged at an increase of 6 million barrels per day, bringing the average to 96.6 million barrels per day, and also kept its forecast for the growth of oil...
I've been trading this beauty since $0.022 and taken some pretty sweet scalps. It's holding strong in a Fibonacci uptrend channel with all the makings for future pumps. It just looks strong but I would personally DCA if getting in for the first time. As always this isn't investment advice, DYOR and Good luck!
WTI oil continues to trade around 72 USD per barrel. Recently OPEC deal cleared out uncertainty about future supply boosts in the oil market. Despite initial selloff as reaction to the announcement of a deal we view this agreement among OPEC as bullish developement for medium and long term price of oil. Rising vaccination rates are leading to higher mobility in...
WOGI hasn't attempted to test these levels since 2014! TLDR, I'm not gonna go all the way back to 2014 to DD the stock because this is just about identifying potential levels. I drew out the fib retracemtent using more recent lowest lows and the 2014 high and interestingly enough, the 786 fib line lined up with a pretty clear, recent level of resistance that WOGI...
Had to update my Fib setting today on RIG after this last move. With oil and gas still taking center stage, reopening stocks seem to be pivoting around energy. Still, from a longer-term perspective, there is still plenty of ground to make up from its previous drop.
"At least in the near term, oil and natural gas will be needed to help fuel the equipment &...
Transocean Ltd. (NYSE: RIG)
The trend has change lately, Transocean also has attracted the attention of day traders on WallStreetBets..
The stock also has reacted positively to Transocean's agreement with Jurong Shipyard to accept deferred payment on the delayed delivery of two ultra-deepwater drillships.
Their own insider director bought 15% more shares.....
GTE following the trend of the broader energy sector. However, volume isn't as strong as I would necessarily like to see for a full on breakout. But given the trend, it's gonna be nice IF GTE can bust back through this resistance level and stay there for a while.
"Keeping in theme with the other energy stocks on this list, Gran Tierra is a Canadian-based...
Currently trading below downtrendline on the daily chart and below EMA200 on the weekly chart, as of time of writing remains bullish as Brent broke the $70 mark. Monitor trendline and Support levels for possible long trading opportunities. Be extra cautious as the company is PN17 (company with financial distress).
Crude oil prices made a dramatic comeback from the April's 2020 low which supported the oil stocks significantly.
Crude oil has been trending higher since last April’s low. The higher the price climbs, the more the global industry will require oil services.
A continuation of higher petroleum prices should support gains in HAL.
HAL has violated the...
Wait for the pullback down to the orange box for a long entry
The support shown has confluence with the 100EMA, .618 Fib pull
from the last swing high and the bottom of a respected channel .
Expecting a bounce in the area shown but please be aware of
the numbers due today and tommorow .
The American petroleum Institute on crude oil stock levels
as well as...