Borr Drilling Company has become very cheap once again. Considering the incredible rally in oil over the last year, BORR looks like an even better discount. The price action alone in BORR suggests to me that a bottom is being put in under 0.75. Regardless of my opinion, I have some tools and charts I can use to demonstrate why it is historically cheap and why I...
MSJ square since IPO 1862 - pretty intense first target 121$ got reached very fast - next one is 134$.
Halliburton Company ( NYSE:HAL ) Sector: Industrial Services (Oilfield, Services/Equipment) Market Capitalization: 30.120B Current Price: $33.52 Breakout price: $31.10 (hold above) Buy Zone (Top/Bottom Range): $32.10-$29.00 Price Target: $35.20-$36.60 Estimated Duration to Target: 90-94d Contract of Interest: $HAL 4/14/22 35c Trade price as of publish date:...
Occidental Petroleum Corporation ( NYSE:OXY ) Sector: Energy Minerals (Oil & Gas Production) Market Capitalization: 40.143B Current Price: $42.98 Breakout price: $41.55 (hold above) Buy Zone (Top/Bottom Range): $41.50-$38.40 Price Target: $39.20-$40.50 (Reached), $48.40-$50.60 (2nd) Estimated Duration to Target: 80-83d (2nd) Contract of Interest: $OXY 5/20/22...
One of the best performing sector of lately has been the energy sector. Most of the stocks are making new 52 week highs. I like XOM, OXY, CVX, DVN, and MRO. They still have some resistance above from 2018 year but still liking them to push higher.
Hello traders. I expect the price to end in a triangle, then we have to wait for the correction, which can reduce the price to $58. Are you agree?
Exxon Mobil Corporation ( NYSE:XOM ) Sector: Energy Minerals (Integrated Oil) Market Capitalization: 318.703B Current Price: $75.28 Breakout price: $76.05 Buy Zone (Top/Bottom Range): $73.90-$69.90 Price Target: $85.00-$86.20 Estimated Duration to Target: 112-120d Contract of Interest: $XOM 6/17/22 75c Trade price as of publish date: $5.05/contract
Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ Oil prices surged on Monday, with Brent futures reaching their highest level in more than three years, as investors anticipated supply will remain tight due to limited...
Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ Oil prices rose on Monday as the market began 2022 on a bullish note, with suppliers in the spotlight ahead of Tuesday's OPEC+ meeting, but rising COVID-19 cases dampening...
Oil prices are being pumped no pun intended. The false demand that is being created is the excuse to push prices higher and higher.
Started half-sized position. Gapped up over anchored VWAP and inside pivot point. Looking for oil and gas stocks to come back alive after strong runs and holding up well. Crude oil still very strong. Stop loss below Monday's low & anchored VWAP.
Bullish signs forming in the $PUMP!, waiting for a bullish breakout.
Transocean Ltd. is shaping up to become a massive turnaround story with great upside potential. Youre betting on sustained higher oil prices here. The stock is still selling on cents on the dollar from its last high in 2008.
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...
textbook pattern on $OIL ascending triangle with targets $80,$100 then $120 . I'm long on $OIL since it was $40 .I expect another strong wave that could start any day .
DVN stock is showing a bearish performance lately after breaking out a bearish formation (bearish symmetrical triangle) on the daily timeframe, yet the breakout is not confirmed. With the technical indicators supporting the breakout confirmation, prices may fall hitting $25.70 and $24.15 consecutively.
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...
Supporting News: Kuwait oil company selected Halliburton for digital transformation projects Crude oil climbed to their highest level since October 2018, on continued optimism about recovering demand as coronavirus restrictions continue to be relaxed in the U.S. and many parts of the world. Halliburton HAL rebounded from the lower boundary of the channel in...