My last analys about CEI was almost perfect. Not it seems we formed a highly accepted area and unaccepted price area (see green circles).
I expect a drop before we see higher area again. If we can exceed 2$ again can right now not be determined, it depends on the volume we got in that range later. Right now I see the limit around 2$
the asset has now arrived at a bottom of its long-term channel with a falling wedge and at a point of a breakout. if the upcoming volatility of the American market allows it this asset will have a nice run to the midline of the channel and the upper resistance of the channel as pointed on the chart.
Camber Energy made a gain of a little over 600% in a little over a month. It was a beautiful impulse, but now it is over and what goes up must come down. The law of physics have their euphemistic place in the markets as well. We can see divergences forming on the oscillators and DI crossed, indicating a change in momentum vectoring. We probably pivoted not too...
Look for short term sells on CEI. CEI is an energy stock that had a reverse stock split; which is why there chart looks weird as you go out further and further. CEI has followed a wave like pattern for years now. It is a common pump and dump stock. I would take a small position right now with some capital left over to put in in case it drops more. Long term this...
New York, New York—(Newsfile Corp. - October 9, 2021) - Pomerantz LLP is investigating claims on behalf of investors of Camber Energy, Inc. ("Camber" or the "Company") (NYSE: CEI). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Camber and certain of its officers...
Energy stocks were climbing pre-bell Friday as the Energy Select Sector SPDR (XLE) was recently advancing by 0.5%. The United States Oil Fund (USO) was up 0.3% and the United States Natural Gas Fund (UNG) was nearly 2% lower.
Front-month benchmarks West Texas Intermediate crude oil was up $0.93 at $79.23 per barrel at the New York Mercantile Exchange, while Brent...
CEI ripped shorts faces off today. Nice basing right at resistance implies further move to the upside in my opinion.
I like the 10/15 2/1C debit spread for .4 as an idea here.
Meme strength
Impulse is finished and we are in the very early phase of correction. First we are correcting the fifth wave, and monitor the situation for even deeper drops.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci...
Been runninf hard. Tarhet could reaxh 4.07 roughly. Could go more but def geting a bit extended here. Daily is finally producing divergents based off past price trading veiw offers for this stock, 4.07$ seems the most logical. There are higher fib extension levels however i wouldnt want to get too greedy based off zack morris. However just tryinf to be helpful not...
cei has turned into the next big trending meme stonk,
but like all stonks,
it moves up in 5 waves
wave 5 is either in, or is about to be in.
-buying cei at a dolla in the near future, secures a pretty big trade to the upside.
if you manage to grab it for a dolla, it's a long hold.
Camber Energy, Inc. is an independent oil and natural gas company. It engages in the acquisition, development and sale of crude oil and natural gas from various known productive geological formations. Its operations mainly focuses in Central Oklahoma, South, and West Texas. Camber Energy was founded by William A. Sawyer and James J. Cerna on December 16, 2003 and is headquartered in Houston, TX.
Arca
