Company: Targa Resources Corp.
Ticker: TRGP
Exchange: NYSE
Sector: Energy
Introduction:
In today's examination, we focus on Targa Resources Corp. (TRGP) listed on the NYSE, a key player in the energy sector. The weekly chart exhibits a bullish breakout from an Ascending Triangle pattern, which has been forming over the past 66 weeks.
Ascending Triangle...
The PEAD projected a Bullish outlook for $TRGP after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 71.43%.
Red horizontal is a top forming
Price is still above a larger down channel, price will likely bounce off this downtrend line once retested, this is shown with the double curve
TRGP: Targa Resources Corp.
2022-08-04 06:00:00 Targa Resources Corp. Reports Second Quarter 2022 Financial Results and Increases Full Year 2022 Financial Outlook
The PEAD projected a Bullish outlook for $TRGP after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 100%.
$TRGP in midst of a setup (cup and handle) within its uptrend line supporting since jan'21. do note bigger cap oil & gas names (eg. $CNQ, $CVE, $DVN, $PXD) have earlier ran much ahead of their 52wks high in early January.
earnings on 24th feb pre-market
Hey guys, TARGA RESOURCES CORPORATION is in a fake bearish movement with low past sell volume and some kind of hammer candle. The TIMEFRAME M1 shows us a dragon with a large volume of purchases issued. It goes on the VWAP to go and test it. There is a great chance that it will break the VWAP if we pass the middle of the stabilization zone so we can go to the top...
trgp daily chart review.
best level to buy for 40% gains
update by projectsyndicate
mirror levels 34//36
target is S/D zones 43//47.50
40/50% gain.
put this on your watchlist
solid setup.
update brought to you by Projectsyndicate.
B barnes group inc D1 short into resistance 25%
box inc daily update by projectsyndicate
hog daily best level to buy...
A big issue within the Permian Basin is infrastructure and TRGP is well positioned to benefit from this. Expect consolidation to lead to a breakout into earnings as investors position this way.
Targa should thrive in the year coming
NatGas demand and exporting will rise
Small amount of business is in crude
Buying 100 shares at market on Monday
Stop loss is 47.00
