$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...
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...
