MXC-Long ideaRetracement to 50% area, strong bullish candle today, energy sector to return, above 50 MA, 2:1 RR
Target = 22.50
SL= 18.97
1.35USD
4.663MUSD
9.557MUSD
1.117M
About Mexco Energy Corporation
Sector
Industry
CEO
Nicholas C. Taylor
Website
Headquarters
Midland
Employees (FY)
6
Founded
1972
ISIN
US5927701012
Mexco Energy Corp. operates as an independent oil and gas company, which engages in the acquisition, exploration, development, and production of natural gas properties and crude oil. The company was founded in April 1972 and is headquartered in Midland, TX.
Mexco Energy CorporationMexco Energy Corporation is an independent, publicly owned oil and gas company engaged in acquiring and developing oil and gas properties and the exploration for and production of oil and gas.
$MXC Next Target PT 55 and higherMexco Energy Corporation, an independent oil and gas company, engages in the acquisition, exploration, development, and production of natural gas, crude oil, condensate, and natural gas liquids in the United States. It owns partial interests in approximately 6,400 producing wells located in the stat
MXC ready to jumpBased on volume price movements,I expect MXC will go up.
Take Profit: 19.0
Stop Loss: 10.75
MXC in a channel, about to break out?Hi. In this chart I've plotted one resistance line and one support line, both quite short term. With these two I've also plotted two more long term zones:
One wide diagonal support zone that has played out since April 2020. Its very strong and if broken could be a strong indicator of a trend turn.
GOIt is said that Operating revenues in fiscal 2020 were approximately $2,738,540, an increase of 2% when compared to fiscal 2019 operating revenues of $2,686,873
MXC Is In The Middle Of A Short SqueezeMXC Is In The Middle Of A Short Squeeze
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While Mexco Energy didn’t release any press releases, it did file documents with the SEC yesterday. The documents announced a coming Annual Meeting of Stockholders.
The meeting will be held at the co
$MXC Bullish Momentum From PullbackMexco Energy Corp. operates as an independent oil and gas company, which engages in the acquisition, exploration, development, and production of natural gas properties and crude oil. The firm focuses on the Midland Basin located in Eastern portion of the Permian Basin including Reagan, Upton, Midlan
1/4/19 MXC (N) @ 5.64 OVERNIGHT HOLDOvernight Hold - Broke day resistance after 2:30pm
CONS: Very low volume then what I would prefer
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