On the daily chart, COG has slowed down on downward momentum and shows early signs of reversal. It is trading in the channel depicted. Price target and stop loss as per chart.
With the Help of Triple MACD Daily Bullish Divergence we maybe ready to make some higher highs!
Hey my friends, CABOT OIL & GAS CORP is in a fake bearish push with a strong sell volume traded and a large upside down hammer candle. On the TIMEFRAME M1 we see a water-carrying candle with a high negotiated sales volume. She came to rebound on the bollinger's plus make her trend reversal to re-test bollinger levels. Then go and test the VWAP and come to the top...
Potential entry above $ 12.85 Target price $ 14.15
Expecting a retrace before more downtrend ahead.
One of the members asked me for an explanation of my chart, so here it goes -this is what I mean by those levels on chart setups. --------------------- * My set-up has a bias that is called Interest... okay, - because it takes awareness of an opposite momentum, which both are held by a DSL line. The green level is a desired take profit level. Now, let's say...
NYSE:COG Risk/Reward increase, higher chance of pullback in short term
NYSE:COG Monday may go above bollinger bands, but pullback for better entry breakout
Beijing, in turn, will increase purchases of U.S. agricultural machinery, industrial and energy products by about $ 200 billion over the next two years. LONG