🌐 Market Overview: Industry Context: NYSE:SM Energy operates as an independent energy company, with its performance closely tied to oil prices and production. Current Environment: Geopolitical tensions have led to a surge in oil prices, with Brent crude surpassing $89 a barrel, potentially benefiting companies like SM. 💼 Company Strategy: Capital Spending: SM...
1) I drew resistance and support lines in the past and they worked very well for short and long positions. I drew support line and it is very close to be broken or security will take support from there. I drew resistance line and it is another obtacle for new peaks. If security wanna increase, it must break it. Also RSI has 2 moving averages and they crossed each...
I would see that the price has a greater chance to trade upwards in this current channel. Potential scenarios drawn with arrows.
SM Energy Company ( NYSE:SM ) Sector: Energy Minerals (Oil & Gas Production) Market Capitalization: 5.455B Current Price: $44.50 Breakout price trigger: $45.50 Buy Zone (Top/Bottom Range): $43.30-$39.70 Price Target: $54.30-$55.60 Estimated Duration to Target: 62-66d Contract of Interest: $SM 1/20/23 50cTrade price as of publish date: $3.70/contract
A good buy chance from highletghed level This is a real volume to push up the price
Distribution and livermore acumulation on the sm energr compagnie
Strong break out in weekly chart , buy signal came out on 38,42. Target is 48,69
═════════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ═════════════════════════════════ Hello Traders ✌ Last consolidation took the form of a compact Cup & Handle and took place close...
huge volatility when we broke our current resistant above the 37.49$, now we should hold above to confirm the breakout and test around the 42.55$ first then above the 50$. a bonus in TradingView coins (up to 30$) tiny.one
Sm Energy one play that since march 2020, has run 25 x its value, and is high leverage to the price of oil.
SM Energy continues to look very bullish with a longer-term cup & handle-like pattern and recent ascending wedge that should move to the upside. Target around 60$
Setting up like every other oil stock. Clean pivot and relative strength rating for 99.
we will continue up till our first profit taking between 38-40.83$ mark , then if we over come this resistant will go and pump till the 54.20, we need to hold above the 31.99$, to confirm this bullish momentum to hold.
SM Energy following the overall trend in energy stocks. The daily graph shows a confirmed ascending triangle with price target of 52.29$ (Left graph). The weekly chart shows a confirmed cup'n handle with price target of 52.42$, similar to daily chart (Top right). The sector graph (Energy) is building into an ascending triangle (not confirmed). It still has to...
There you have it, looks like we are about to go down for a 2 and then be in a 3 of 3
SM Energy Company (SM) Sector: Energy Minerals (Oil & Gas Production) Current Price: $27.86 Breakout price trigger: $26.90 (hold above) Buy Zone (Top/Bottom Range): $26.50-$23.00 Price Target: $33.80-$34.60 (1st), $45.80-$46.80 (2nd) Estimated Duration to Target: 51-55d (1st), 224-238d (2nd) Contract of Interest: $SM 11/19/21 30c, $SM 2/18/22 35c Trade price as...
Energy stock on the move. Ascending triangle on the weekly chart, not confirmed yet. Must break 26$ with volume to confirm. If confirmed: Price target = 52.30$ Stay Humble, Have Fun, Make money!
Long consolidation period that looks like a lot of accumulation.