I think this is the play right here, right now...Might be a nice swing to the upside for oil names, specially relative to the market. Best of luck! Cheers, Ivan Labrie.
Wait for the price to come in the yellow zone shown in picture then buy long. Entry = 80.75 - 81.10 Tp = 85 - 85.40 Sl = 79 - 79.30
Crude oil💥1D -TIMEFRAME ANALYSIS 💗Hello ladies and gentlemen This is my new idea for 💥Oil I hope my idea is clear Support me by like and share thank you Stay Safe💯💲💲💲 Good luck💰😍
Today I bought some put options on Exxon (before rate hike announcement). Some may say its to late to get in on this play but I believe Exxon will drop to $106 minimum. There are multiple lower targets such as $101.5, .5 fib, GP and bottom of the P channel (mid-long term). LMK what you think!
🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1 ✨Eagle eye: Sideways 2 📆Monthly: Bullish to corrective mode 3 📅Weekly: a clear bear trend is established with proper lower lows 4 🕛Daily: bear and filled out corrective move now just ready for the next impulse move in bearish side 😇7 Dimension analysis 🟢 analysis time frame: Daily 5: 1 Price Structure: bear 6:...
Brent Crude Oil - Seem supported if we draw a 2 red arrow there. If this area indeed supported & rebound, we will see our KLSE energy moved. Might retest 100 as resistance here. Risk side, it might just be a technical rebound here cause there are no red chip aggressively appearing.
Schlumberger N.V. ( NYSE:SLB ) Sector: Industrial Services (Oilfield Services/Equipment) Market Capitalization: 71.538B Current Price: $50.45 Breakout price trigger: $52.50 Buy Zone (Top/Bottom Range): $51.00-$47.40 Price Target: $61.20-$62.40 Estimated Duration to Target: 56-60d Contract of Interest: $SLB 12/16/22 55c Trade price as of publish date: $1.63/contract
🟢 USOIL TF: 3D Side: Long Pattern: Bull Flag SL: $76.28 TP 1: $96.58 TP 2: $102.85 TP 3: $109.12 Oil has broken out of the Bull Flag. If the retest is successful it could be a great buy to hold for the coming weeks.
Exxon Mobil Corporation ( NYSE:XOM ) Sector: Energy Minerals (Integrated Oil ) Market Capitalization: $413.096B Current Price: $99.12 Breakout price: $100.00 Buy Zone (Top/Bottom Range): $97.60-$87.90 Price Target: $105.00-$106.20 (3rd), $120.10-$121.70 (4th) Estimated Duration to Target: 26-29d (3rd), 85-91d (4th) Contract of Interest: $XOM 10/21/22 100c,...
This signal is seen in 4 hours. As you know, the signal is not suitable for people who want to finish the transaction quickly.
Oil hit this support more than five times and it respected this support so if we received candle confirmation above the support rectangle (the green one) we can long oil But if it closed under the support wait for retest and then we can go short. Good luck all if you like my idea like it and comment your opinion 🍀💰😊
SPDR S&P Oil & Gas Explor & Product ( AMEX:XOP ) Sector: Miscellaneous (Investment Trusts/Mutual Funds) Market Capitalization: $ -- Current Price: $144.75 Breakout price: $147.00 Buy Zone (Top/Bottom Range): $140.20-$120.00 Price Target: $166.70-$170.60 Estimated Duration to Target: 76-80d Contract of Interest: $XOP 11/18/22 145c Trade price as of publish date:...
Indonesia Energy Corporation Limited operates as an oil and gas exploration and production company in Indonesia. It holds interests in the Kruh Block, a producing block covering an area of 258 square kilometers with net crude oil proved reserves of 1.52 million barrels located to the northwest of Pendopo, Pali, South Sumatra; and the Citarum Block, an exploration...
Occidental Petroleum Corporation (NYSE:OXY) Sector: Energy Minerals (Oil & Gas Production) Market Capitalization: 69.778B Current Price: $74.91 Breakout price: $75.60 Buy Zone (Top/Bottom Range): $71.55-$65.95 Price Target: $85.50-$86.60 Estimated Duration to Target: 30-33d Contract of Interest: $OXY 10/21/22 85c Trade price as of publish date: $2.87/contract
Chevron Corporation ( NYSE:CVX ) Sector: Energy Minerals (Integrated Oil ) Market Capitalization: 319.434B Current Price: $163.19 Breakout price: $164.35 Buy Zone (Top/Bottom Range): $156.20-$146.90 Price Target: $180.00-$182.70 Estimated Duration to Target: 48-50d Contract of Interest: $CVX 10/21/22 170c Trade price as of publish date: $5.60/contract
HAL is breaking out of a 6 - week bottoming base with nice contraction in volatility prior to the breakout. Also important to note that it is reclaiming its 50-day line. Short term target is the 50% retracement of its June decline.
Oil has had some strong buying volume around 85-86$ a barrel. Starting to break out of the downward slope to create a new higher low pattern. If Iran doesn't except the deal the price of oil will pull back above 100$ a barrel -Russia might also cut of demand for EU -USA is going to stop adding supply in September because their reserves are running low...
This is very obvious Head & Shoulders pattern. I expect the break of neckline in september.