🌐 Market Overview:
Industry Context: NYSE:SM Energy operates as an independent energy company, with its performance closely tied to oil prices and production.
Current Environment: Geopolitical tensions have led to a surge in oil prices, with Brent crude surpassing $89 a barrel, potentially benefiting companies like SM.
💼 Company Strategy:
Capital Spending: SM...
Hello,Traders!
GBP-CHF is trading close
To the horizontal support
Level of 1.1000 from where
I will be expecting a
Bullish reaction after the retest
Buy!
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for BTC we always drop down to the 5m and then the indicator will show us the Structure, so we wait for a choch to happen on the 5m / "a bit lower tf" and we take the short.
We have 2 nice POI's below what we can target..
dont rush into trades, give the market time to show you!
BTC closed its 39.3k - 40.5k imbalance today, as you can see its a 100% calculated movement and the candle stopped EXACTLY at the top line of the IB.
This is another proof that the market is manipulated and a reason to believe in the SM Concept
-...
Very few words for Dow Jones which is serving his dessert at the Spring stage of Distribution.
No one since last year were thinking that this could happen for real. No one were thinking that the Dow could reach these High, but he did. Thanks who? You know the answer.
But now no one can think that a Great Depression is coming. Remember 100 years ago.
History...
Once trendline and support resistance traders are taken out we go to the previous area of manipulation for a true buy..
once triggered swing trade will go to the moon at 1.2280 (filling all the remaining inefficiency on the WEEKLY) and coming back to previous distribution area
Sm energy with a bullish cross-over on moving average indicators, Should be a bull run to about 7 dollars. I will be taking profit and repositioning at $5-7. Earnings outlook is great. They just secured a well deal for 1billion. Company looks amazing.
On $SM The moving average 9 and moving average 180 have formed a bullish cross over. This signifies the start of a bull run for $sm. We should see $7 soon.
EURUSD ---
4HR TimeFrame. -- Context and framework surrounding the idea.
- 1.) we have pushed down into the sell to buy candle, we have seen the willingness to go higher. "They" hypothetically have to come back and mitigate some of their risk on the sell to buy candle where price is currently at. As we have seen in hindsight.
There is a real opportunity here!
SM has taken a beating along with the other major energy players. You can thank Corona virus for causing many of these dumps but i'm looking at the bright side...
Reasons to long:
-Strong weekly support that has seen massive reversals throughout its history
-Weekly divergence on the macd and rsi
-Daily divergence on the macd...
SM Energy Co. just had its dividend calls yesterday, in line with the street expectations. The stock has been in a bearish ride since last december, and we currently see a pullback which leads to a pretty nice short set up. Right now, the 24 ressistance is the entrance point for this trade. We are expecting that SM resumes its bearish trends, and our first target...
SM recently failed on this breakout attempt, but hasn't crossed back under yet. looking to see if this can bounce up and continue tomorrow following this little action today.
