Love the earnings gap up on this one with some daily consolidation underneath 180. Volume a little low on this one, but if we see a vol spike through 180 I will be buying through that area. Oil and Gas stock here.
═════════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ═════════════════════════════════ Hello Traders ✌ The pattern has taken place around the 200 days EMA, so a breakout would mean...
Out of all my stocks this was the only one with looking at. Earnings is right around the corner so I would be prepared to sell after it pops. by iCantw84it I do have faster internet now and I might start streaming however the market doesnt look as enticing at this moment so I will wait for it to look better. Leave me a message anytime.
Please like and share if you appreciate this market update. We are certified Elliotticians and publish Elliott Wave counts for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. We also answer all our questions regarding #Elliottwave! Cryptos are updated every day of the week and on Saturday, if necessary. Traditional assets...
Target for oil is 80 Dollars. But with the conflict - Iran and the States that might push Oil even higher. And higher oil prices higher Drilling corp stock prices.
The poor slope suggests we are ending a C leg. WTI (and DXY) will decide which side we go though. Here is the count I posted last year Please like and share if you appreciate this market update. We are certified Elliotticians and publish Elliott Wave counts for indices, stocks & ETFs, cryptos, and commodities, in weekly, daily and 4-hour timeframes. Cryptos...
NBR looking like a buy on technicals with decent entry but serious price pressure with BB. 60fib retrace looking possible....
NBR looks like a good entry for a 60fib with a nice spread...Doji may show reversal to the upside, depending on Macro conditions...
NBR got a nice spread but the technicals may move down fast if earnings are not met... may buy back around $32 and wait for next impulse move
These are my thoughts on NBR. They are meant to give you an idea, not trading advice. Can this break to the upside tomorrow? I think so, will definitely be watching this! Please be careful, as the market never gives you certainties, only probabilities! ALWAYS REMEMBER THIS WHEN YOU TRADE
Green box: 30-31.25 We need an ABC down and the usual confirmations before hitting our box.
Limit orders buy 0.38/add 0.25/0.15 Target 1.70 (400%)
After following NYSE:NBR for a few days and studying some of the fundamentals, I concluded that this could be a possible mid-long trade. On Monday after seeing the price dropping I decided to enter a buy order at 2.00 even after seeing support to be at 1.98. My order filled this morning at 2.00 and saw it taking off. I decided that if the trend continued, I'd...