This is hopefully a cautious review of the last 50 years of Southwestern Energy.
Southwest Energy is a natural gas exploration team headquartered in Texas HOWEVER, most of their work is in the East Coast of the United States and perhaps they also have some locations of gas/oil properties in the near future located in Canada? SWN reports only having about 900...
I have been long term Bearish on oil expecting a few rallys up on the way down. Here is my long term projection for oil, anticipating $25 a barrel. We landed on the 38% retracement here last year as a response to the decline down from 2009. I think that rally to the .38 was the last for bit.
Welcome to this MONTHLY chart showing possible scenarios over the next years, after OIL has bounced once again on the level of $50 in the past months potentially taking us higher near term up to $70. Let us now depict the possible scenarios out of this market, with the conditions that would trigger any of them and some arguments supporting each.
The first thing...
Sorry to burst your bubble NATGASUSD .
Permian Basin drilling has not only increased Oil Supply, responsible for the lower prices we've seen lately, but also increased Natural Gas Supply.
Supply on Texas has been so much that USA is offering it for free or even paying to get rid of it (source: NGI Bidweek Alert 29th Nov 2018 ), meanwhile markets still haven't...
Apple may have given Texas Instruments more love with latest iPhone
American City Business Journals•September 26, 2018
Texas Instruments Inc. (NYSE: TXN) may have fared better with the Apple Inc.'s latest iPhones. The semiconductor company, which makes various products for an array of industries, is supplying a couple of components that help with...
Company has seen some insane pps moves over the weeks. This dip is providing a great opp to load up ahead of valuation report and other news/filings. I would like to see this test $0.06 near term. Highly speculative play here.
Ok this is a quick summary of today's trade.. I will update today and over weekend and include Timecycle Chart which this trade is linked to.. This is my daily tracking chart.
We added 20% Short @ 51.28 , will add more if we fail the trend again or collapses below 50.7x.
Manuel stops about 53.
Trade safe! Make money
We broke down a little overnight for a small pullback surprisingly I was expecting price to retrace to the lows, held a one hour fib to the upside, buy the pullback at the 50% small fib for the 15 minute chart be careful with the top of this channel it will be heave resistance.
Okay 1hr fib has been retraced to the 61.8%, At the current time of publishing stochastics oversold on the 15 minute, overbought on the one hour. This could hold at $44.72 and go lower but we do have a channel support half way into the channel. Waiting for volume to show the direction of the market.