Shell is approaching its historical high since 2008Hello, We've identified a current opportunity to buy Shell PLC Stock in the weekly chart for a target of 88.73$ within a few weeks, IbrouriLongby Abdessamadibrouri1
SHELL - correction in an uptrendhi Traders Shell has been in an uptrend but it looks like a correction has started. Entry for short: 30.770 stop loss: 31.205 target: upsloping trendline After reaching the target, we expect a solid bounce .Shortby vf_investmentUpdated 7
SHELL Broke Out Of a 24 Year Downtrend. Probably Nothing.Shell looks insanely good right now after breaking out and flipping on support. This will go up over the upcoming years. NFA!Longby MickYe3333
it looks like is over sold ?It's important to note that the specific actions taken by market makers can vary, and their decisions may be influenced by a combination of technical analysis, market conditions, and fundamental factors. Additionally, market makers play a crucial role in maintaining liquidity and efficiency in financial markets.Longby DG_PAV0
SHELL PLCafter the call we made on this asset that price will fall into a considerable low, we saw a $5 price drop. Now we have a reasonable probability that price will retrace to its previous support level which should act as resistance. we believe that price will rise to $65 before further move below. Up Shell PLC then Down Shell Plc sharesLongby ayodejialade10011
SHELL PLC. NYSCit looks like the January is going to be bearish for major assets, with Bitcoin, ETh and Shell likely to go down, the rally has been nice and swift. Now we see a weakening pattern formation on a weekly TF. a break of the lower line will confirm the further move down. we see a sell target at 41.50 Shortby ayodejialade1001110
SHELShell plc is a British multinational oil and gas company headquartered in London. Shell is a public limited company with a primary listing on the London Stock Exchange and secondary listings on Euronext Amsterdam and the New York Stock Exchange. Potential for upside continuation. Longby techpers0
SHEL PLC about to breakout from a bullish flag patternLSE:SHEL has formed a bullish flag and is poised to continue its bull run once it breaks out from the pole top. It would be a good opportunity to trade the breakout. Entry and exit prices mentioned in the chart.Longby jabranstwocents115
SHEL Decline CorrectedWe see an about 60% correction of the rise since 8th November now. The window opened on 6th November has been closed. This means that we are ready for a renewed fall of the stock.Shortby motleifaulUpdated 0
Window to be ClosedThe window opened on October 6th has been closed at the October ultimo but there is another window ahead luring to be closed as well. We have started the move towards it and when the price falls its better not to hold it.Shortby motleifaulUpdated 111
SHELLS Q3 Financial reportRoyal Dutch Shell (LON:SHEL)'s Q3 financial outlook, published on Friday, suggests that the energy giant is set to benefit from a sector-wide rally in oil, refined products, and gas prices. The company anticipates enhanced earnings from its gas, chemicals, and product trading operations. These expectations are backed by InvestingPro's data that shows Shell's revenue in the last twelve months (LTM2023.Q2) to be a staggering $358.59 billion, with a gross profit of $88.24 billion. Shell has been aggressively buying back shares, a move that often signifies management's confidence in the company's future. Another noteworthy tip is that the company has maintained dividend payments for 19 consecutive years. Shell also foresees a corporate adjusted loss for the quarter. This follows a loss of $654 million reported in Q2 2023. This anticipated loss does not overshadow the fact that Shell has been profitable over the last twelve months, according to InvestingPro Tips. The recent rally in the energy sector could potentially uplift earnings for integrated energy players like Shell. The official Q3 results of Shell are scheduled to be published on November 2, 2023. These results will provide a clearer picture of the company's performance amidst fluctuating market conditions. The InvestingPro data reveals that Shell's fair value is estimated to be $79.1, which is higher than the previous close price of $62.04, indicating potential growth.Longby DEXWireNews3
shell levels fibonacciShell... big resistance level. we are at a major resistance level. Are we going to break this?Longby Locorano221
Shell fundamentals and technicals in alignment $$$I've always been a fan of Shell corporation. In spite of the fact they are an oil and gas company I believe they are committed to leading us into a cleaner and greener future. They are well positioned to provide clean energy. In addition, I believe Shell is benefiting from high inflation and high energy prices. The chart for Shell is a great example of both a death cross and golden cross, where the 50 and 200 day moving averages cross. Further, you can see the price being supported by the 200 day moving average. Longby turtlebuster0
$SHEL with a bearish outlook following its earnings #StocksThe PEAD projected a bearish outlook for NYSE:SHEL after a negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 100%.Shortby EPSMomentum1
$NYSE:SHEL Breakout StrategyNYSE:SHEL forming a VCP pattern and a Breakout and pullback. Let's see if it continues.Longby nmatigaUpdated 1
$SHEL with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for NYSE:SHEL after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 66.67%.Longby EPSMomentum0
Black Gold or Green Future: The Big Oil ParadoxThis investment strategy scrutinizes the complex landscape of major oil corporations like Exxon, Chevron, Shell, and BP , situated at the crossroads between their traditional petroleum-based profits ("black gold") and the imperative to transition towards sustainable energy sources (the "green future"). The approach is uniquely neutral, recognizing both the potential upside and downside of these energy giants, and is armed with targets for either trajectory. One must take into account: 1. Nuclear and Fission Energy Impact: The rise of nuclear and fission energy poses another threat to these corporations. As a clean, efficient, and increasingly cost-competitive source of power, nuclear energy is growing in popularity. Once nuclear energy starts to gain more traction and acceptance, it will further undermine the demand for oil, exacerbating the challenges for these energy giants. 2. Regulatory & Environmental Risks: Anticipating potential regulatory changes aimed at reducing carbon emissions and promoting sustainable energy can help set downside targets. At the same time, successful mitigation of environmental risks might offer upside prospects. 3. Drop in Oil: A dramatic oil price drop would significantly reduce these companies' revenue and profitability. Oil price and the financial health of these companies are closely linked, given their heavy reliance on oil sales. 1. Exxon Mobil Corporation (XOM): $250 billion 2. Royal Dutch Shell PLC (RDS.A): $150 billion 3. Chevron Corporation (CVX): $200 billion 4. BP PLC (BP): $85 billion TOTAL= 700 Billionby MichaelBsul3
LONG 6 Month Chart: Bullish over the next 6 to 12 months. 6 Month Chart looking strong MACD Crossing and RSI has broken the downward trend. Next 6 to 12 months Looking good for Shell. Longby guytron2
Expecting a little dump todayRest of the week not looking good. However next week will be good, waiting on the some important results. by guytron114
Long SHELLSHELL is having reasonable retracement. It is concurrent with SP500 retracement today. Entry at demand zone if we see signal on this level. Potential squeeze bottom of previous swing low to form bullish signal. Longby joseph_tan0
$SHEL with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $SHEL after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 100%. Shortby EPSMomentum0
SHEL, CVX, XOM SWING TRADE IDEASWith Oil companies reporting earnings and also a majority of them attempting to break ATH, I have my eyes on SHEL, CVX, and XOM. CVX and XOM already reported earnings and did not have an all around beat but CVX beat revenue and XOM beat earnings! SHEL is set to report their earnings on Thursday pre- market and I will be looking to enter into a swing in either direction. By using the 50, 100, and 200MA on the Daily timeframe, I am able to see my support levels to the downside. If we get a daily close below the 50ma at 57.30, I will look to swing it down to the 100ma at 55.11. If we can close below the 200ma on the D, at 54.58, I will look to hold this swing for a while, as it completes the double top pattern found on the D. Now, a break above 61.50/62.50 would be a new 3 year high with its next resistance Level found around 66.50/67. This is where my bias lies because I believe the energy sector, oil companies in particular, will have a bullish run this year. However, I will trade what I see, not what I think! Happy Trading!0by WSBB115
SHELL ( long) As it stands SHELL stock is making a correction in lower TF for a possible move up to reach the level 47usd after completing a regular flat.Longby Centaurus_A3