FANG: Rising Wedge / Bearish DiverganceGiven bearish divergance on the weekly chart (after a quick rise upwards)... After some consolidation at current price level, I believe a price reversal will occur. Not trading advice. And this is only based on technical analysis.Shortby HassiOnTheMoon0
Cup and HandleEarnings in January. Possible stop below handle low/HL. Price was over long entry level and pulled back below in a few weeks. Some call this a throwback verses a pull back. Throwbacks can hurt performance. 3 year and most recent high is 117.71/Long term high is 140.78. Sector is known to be volatile. I am keeping an eye on the top and this Does need to surpass most recent high. I try to stay updated on what is going on in the oil world, which changes daily, and was thinking I should sell my oil stocks a few days ago, but seemed like they just pulled back some like everything else as of late, so I am still hanging in there. So far I plan to hang but am keeping my ears open. I own FANG, XOM, EOG and Gush (Gush is very risky and is leveraged). Lots do not like to fool with oil due to volatility, and those who do have their own favorites. They move together anyway. No recommendationby lauraleaUpdated 661
US Stock In Play: $FANG (Diamondback Energy Inc)classic bullish flag undergoing a pennant pattern consolidation setting up for rally.Longby jfsrevg3
FANG- Holding at upper channel.Fang is holding at upper channel . Multiple top pattern. Pull back in oil prices will impact this stock .It may come back to break out poing 102.53 by Tweezer_KaranamUpdated 0
LONG- FANGHere is my take on FANG using 5 key elements for analysing charts. Strong stock in the current market environment, showing strong relative strength (RS) and breaking out of a cup base (36% depth, 14 weeks)Longby Michael_Canturi1
FANG: Cup'n handle (81%), WEEKLYAnother ressource/energy stock showing a cup'n handle on the WEEKLY. Not confirmed yet. Broke through the 100$ resistance. Need to keep it there to confirm. If confirmed: Price target = 180$ Stay humble, have fun, make money! Longby LeLaf2
Diamondback Energy (FANG) - [W1] - HODLING LONG & STRONG!Diamondback Energy (FANG) - Long this hydrocarbon producer starting Spring 2021 on anticipated inflationary pressures driving hydrocarbon energy such as oil and natural gas higher, along with legacy hydrocarbon ("fossil fuel") exploration & production companies higher. Now riding the global energy "crisis"" wave much higher yet still. Ultimate price target on the underlying oil and natural gas as well as the shares of oil and natural gas production companies remains as of yet unknown given emergent global energy situation continuing to unfold! See description (below) for further details...Longby AlphaBeta0
FANG - To the MOON! 🌕-NTM PE: 6.7 -Expected YOY Sales Growth: 110% -YTD Returns: 63% Longby caldooninvestment2020103
$FANG is setting upGuys please see $FANG Set up, ^618% pullback would be a good level if it gets there , if not watch for breakout over weekly inside bar level noted/ i will update plan, I think $GUSH can see 100$ as well I will attach chart. I labeled other harmonics that is how i see the markets, nearly instantly. Longby HiddenharmonicstradingUpdated 5
$FANG Energy Name Breaking Out?$FANG beat on earnings and has been a big gainer on the year. I'm looking for this to hold into the day and if it does I will likely open a position near the close (I want to make sure it holds up). I like how it's currently breaking above the short down trend line and the oilers are hot right now. Ideas, not investing / trading advice. from earningswhispers.com Diamondback Energy Beats Diamondback Energy (FANG) reported 1st Quarter March 2021 earnings of $2.30 per share on revenue of $1.2 billion. The consensus earnings estimate was $1.73 per share on revenue of $976.9 million. The Earnings Whisper number was $1.94 per share. Revenue grew 31.7% on a year-over-year basis. Diamondback Energy Inc is an independent oil and natural gas company. It is currently engaged in the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. Longby jaxdog1
FANG - TARGET TP2 - HISTORICAL RESISTANCEDiamondback Energy Inc. (FANG) Pioneer Natural Resources (PXD) Plug Power (PLUG) Williams Companies (WMB) REASON: The world is changing the way energy is produced, and changes in consumption patterns related to the pandemic have only accelerated the changes. Production with less carbon and no carbon is increasing, so look for companies that can gain from their contributions to California's new electric vehicle mandate. In addition, I looked at energy stocks that offer above-average dividends to help boost other sectors in my portfolio and may be good buys with today's discounts, but they need a longer lead to show returns at more normal levels. by tdgatti2
TRIANGLEThe stcok is forming a triangle pattern and holding EMA50 as support. should watch and enter into a long positionon a break of triangle. Stop will be under EMA 50Longby Suxxx222
$FANG Diamondback Hits Resistance - Trade Setup What was once support has now flipped into resistance for FANG so we have our alert set for a break above $74.70 for a potential day trade with $78- $79 as our target range. by Xclusive-Trading7
$FANG - Diamondback Energy - Bull Flag & SEC Filings3/4/21 $FANG - Diamondback Energy - 9.16% Gainer Catalysts: Fundamentals (see details below 1,2): -Company buyout -Note buybacks -Land and asset purchase -Sector strong relative to market Technicals (see chart): -Bullish set up -Great momentum over recent months. Fundamentals con't.: -8K's filing stated that they company would be buying out QEP, another energy and natural gas company as well as buying back senior notes due from both companies. -Another 8K/A stated that the company "entered into a definitive purchase and sale agreement with Guidon Operating LLC to acquire approximately 32,500 net acres in the Northern Midland Basin and certain related oil and gas assets for $375 million in cash and 10.63 million shares of the Company’s common stock -I'm going to be taking a look at some of the top daily gainers (may throw in some losers occasionally) of the day on their daily charts and posting them here throughout March. This is not advice. Just analyzing price action and patterns. -I will try to vary the catalysts (analyst upgrades, earnings, clinical trial results, etc.) for the stock moving (if any) and the sector that the stocks are in. -You'll notice I try to keep my charts as simple as possible. Black background and no grid. I will be focusing solely on price action, patterns, and support and resistance levels. No moving averages, MACD, volume profiles, Bollinger bands, etc. Please feel free to comment or leave suggestions. I am always looking to improve. Thanks. Longby mgallagher11
$FANG Ascending Triangle, Cup & handle$FANG on daily chart. Took a few minutes to publish some easy to recognize, bullish and bearish chart patterns on daily charts. Enjoy! Note: Ascending triangles are generally seen as bullish but can be bearish when the lower trendline is broken.by mgallagher14
downtrend resistance, a couple outcomes?nice position to get puts on if we double top here and it gets rejected at trendline resistance too. lots of longs will be trapped/looking to cut losses early. theres always 2 outcomes though, if 70/top trendline breaks we can look for a test of 100!! wait for the breakout first imo. but maybe leaps could be the move hereLongby Vibranium_Capital15
go long FANGFANG is an extremely undervalued energy company. Its fair value estimate is $86/share. Load the boat now before it takes off even more. It's been holding in the $ '60s and looks to have the momentum to go past 70 and eventually hit 90. Longby EBITDAtiger2
Democratic control of senate could lead to major gains in EnergyFANG is one of the names poised to benefit from infrastructure bills and further rallies in the energy sector. I predict we see a return towards the 50% area on the Fibonacci retracement. I see $80 in the immediate future and much more to come if infrastructure is on the democratic agenda.Longby Alex_Trades121