Bullish pattern developing here. I started a position with stop below 50day ma. NYSE:SM
Another energy stock with a nice looking consolidation setup. Watching this one very closely this week for signs of upside momentum resumption. S M Energy Co (SM)- ENGAGED IN EXPLORATION, PRODUCTION AND ACQUISITION OF OIL AND NATURAL GAS IN ONSHORE NORTH AMERICA,
SM's PSAR Dot about to switch below, signs of sellers exhaustion. SM above all moving average with huge volume on march 19, 2021 with a reversal candle stick pattern creating a double bottom pattern also, as well as overall energy sector are bullish. price target above $22 to around $25 if were optimistic.
I am trying to identify pullbacks within a strong bull market. Doing everything as textbook as possible. Any suggestions from people who have had experience away from the textbook with a similar strategy?
The 3 days decline has just finished and from Tuesday soar again The investors you wanted take their gains have already made it
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.
BreadthScreener bought $SM one month ago at 1.51 Yesterday sold out at 3.17 for the coming today pullback.
barely flagging so there's a lot to happen, could have a nice dip before a break to the upside keep in mind this is oil and it's cheap so it could get volatile *not financial adviser
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...
Symbol SM Daily Trend Bearish 📉 Setup 200 SMA Breakout Looking for change in trend direction Entry signal Long entry placed top of Doji at 200 SMA support test (Triggered yesterday on market open)
You can enter on this pullback to the 200 ma, or you can buy when the 20 ema crosses the 200 ma, or you can wait to see if it breaks through resistance.
EARNINGS CALL TRANSCRIPT Javan D. Ottoson, SM Energy Company - President, CEO & Director "In summary then, we are on track with our 3-year transformation plan and very close now to the point where we will be growing within our discretionary cash flow. We have notable competitive strengths and still believe that the trans-formative path we have been following is a...
SM has a long term ascending triangle patter. I think it will break the yellow line. What do you think?