WMB has reached the top of a down channel at this point it will either break out or break down I am favouring a break out due to the larger structure on the weekly chart which you can see for yourselves if watching this ticker. Diagonal double bottom along the thin green line allows for a breakout of the entire down channel. This double bottom is also supported by...
FOr those who have shares. I wouldn't buy here just to do this #coveredcall FYI
THE CHEAPEST STOCKS IN THE WORLD. Investing on stock analysts downgrades ahead of the best rally in a decade
Kelsey Warren got em' this time. WMB is in trouble in their merger agreement and I think ETE will come out on top with this merger deal. $18-20 target.
If WMB opens at $18.32 tomorrow, I'll be looking for a quick and aggressive bearish day trade. On a swing level, I would say $16 is probably a no brainer. Maybe a bounce from there. If not, $14.. then maybe $12.. this could be a bearish gap depending on open.
OIL and gas look a little weak today. Nice gap and go on WMB. Nice R:R into LOD
Keep your eyes on any news regarding WMB/WPZ buyouts.
Great retest gap. Could happen pretty quickly. Make sure open is above 53.11 I like this gap. WMB is buying out WPZ. Clearing some strong pivots. Likely will be pretty volatile.