OKE 1D Investment Short Conservative Trend TradeConservative Trend Trade
+ short impulse
+ T2 level
+ resistance zone
+ biggest volume Ut
+ weak test?
Bought a put
1 to 2 R/R ratio
1M Trend Trade
"+ short impulse
- neutral zone"
1Y CounterTrend Trade
"- long balance
+ biggest volume resistance level
+ volumed reaction bar"
Oke
NATURAL GAS: Stunning breakout!Natural Gas has had a wonderful move off the lows.
Breaking out of a falling wedge pattern on inventories.
Inventory report supports higher price. 27B exp build vs 18B actual.
If you have been following our analysis you would have ought to have know to start accumulating into the key weekly gap fill zone.
We have been pounding the table on resource stocks showing relative strength compared to the underlying commodity.
Our members have received several alerts via: AMEX:BOIL , NYSE:EQT NYSE:AR NYSE:RRC and others. We have netted some wonderful profits and it looks like Nat Gas should climb higher after some near term consolidation.
I would like to see Nat gas retest the major volume shelf (POC). That level should be monitored closely.
ONEOK $OKE "Huge Volume"Even though it dropped by %3.51 on last Friday, there was huge volume in green and found a support at 50SMA which is a good sign to bounce back. RSI went below 50 though but it may uniform and back above.
12 months Consensus Price Target: $48.8
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Please don't trade according to the ideas, rely on your own knowledge.
Thx
Convergence to Supply - #ProfitingMeOKE broke the bearish trend line and started a long consolidation where the price tested the relevant supply level.
The Block Order could push down the price for a few months reaching a high demand level, marking a higher low before to rise more, completing the rotation to bullish.
Thank you
Girolamo Aloe
Has OKE hit bottom? Has OKE hit bottom? Will it finally break out of the $19-$26 range it has been trading in since December? Stock RSI says back down. OKE heavily trades with oil. I think a mini correction is coming in the oil markets, and I think that OKE will revert back to its range. Of course set your stop loss tight, b/c if this goes the other way it could be one heck of a rally.














