Buy signa lin Baker Hughes
Baker Hughes just touched the low of outer channel, should bounce back from here.
Key stats
Market capitalization
28.486BUSD
Dividends yield (FY)
2.70%
Price to earnings Ratio (TTM)
—
Basic EPS (TTM)
−0.60USD
About Baker Hughes Company
ISIN
US05722G1004
Sector
Industrial Services
Industry
Contract Drilling
Website
bakerhughes.com
CEO
Lorenzo Simonelli
Headquarters
Houston
Employees
55K
Founded
1987
Baker Hughes Co. is a holding company, which engages in the provision of oilfield products, services, and digital solutions. It operates through the Oilfield Services and Equipment (OFSE) and industrial and Energy Technology (IET) segments. The OFSE segment designs and manufactures products and provides services for onshore and offshore oilfield operations. The IET segment combines expertise, technologies, and services for industrial and energy customers including on and off-shore, LNG, pipeline and gas storage, refining, petrochemical, distributed gas, flow and process control, and industrial segments such as nuclear, aviation, automotive, marine, food and beverage, mining, cement and utilities. The company was founded in April 1987 and is headquartered in Houston, TX.
$BKR with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $BKR after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 50%.
BAKER HUGHES Don't be fooled by this +10% move today.The Baker Hughes Company (BKR) has risen by +9.84% so far from its previous close but technically this post earnings euphoria should be short-lived. The long-term chart of the 1W time-frame speaks by itself.
The stock is being rejected on a Lower Highs trend-line since June 2008. The latest rejecti
$BKR with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $BKR after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 100%.
BKR buy signal in the daily chartIf things won't deteriorate ahgain, BKR may recapture its recent highs soon again. This might be a long opportunity imo. Other oil field service stocks seem to recover as well. TDW absolutely killing it today. One may want to wait another day (candle) to make sure price recaptures SMA50 and stays ab
BKR: building a base?A price action above 29.95 supports a bullish trend direction.
Crossing below this level will negate the bullish stance.
Upside price momentum supports the bullish trend direction.
Remains above its 200-day simple moving average.
Trend strength suggest a strong trend gaining strength.
BKR Bull Flag BreakoutBKR had a strong uptrend before forming a bullish flag pattern
Price has broken and closed above the flag which is the resistance
Went Long at 34.94
Stop loss will be placed below previous pivot low
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Income Statement
Balance Sheet
Cash Flow
Earnings
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Revenue
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