Cutting its long-term debt by almost 50%, Vertex Energy, Inc. (NASDAQ: VTNR) exchanged nearly $80 million in convertible notes due in 2027 for newly issued VTNR stock resulting in a significantly lower interest payment for VTNR. While the resulting dilution caused the stock to drop by as much as 15%, it saved the company millions in interest payments that would...
FIB WITH RETRACEMENT and different support resistance levels.
Marked the "historic" levels of VTNR.
Did highlight the buying pressure in the green boxes and selling pressure in the red boxes
azure box is where I see the PT for 16th september due to max pain in relation to the option chain:
option chain for 16 SEPT:
7,5 (puts =$741250 Calls=$85250)
10 (puts=...
My PT is $25/26 per share
Based on the cup formation the price projection is $7 from where the handle completes, giving us ~25. The Fibonacci projection places us ~26.
i don't know.. not just a great setup.. not screaming out me to buy it.. but it did pull back to the 10 and 20 ema on lower vol.. maybe it makes the turn with some vol and i can get aboard for a bit.. sell most into strenght and leave some lets see what she can do shares ride.
Vertex Energy, Inc. engages in the recycle of industrial waste streams and off-specification commercial chemical products. The firm focuses on the recycle of used motor oil and other petroleum by-products. It operates through the following segments: Black Oil, Refining and Marketing and Recovery. The Black Oil segment collects and purchases used motor oil from...
Vertex Energy, Inc., an environmental services company, provides a range of services designed to aggregate, process, and recycle industrial and commercial waste systems in the Gulf Coast and Central Midwest regions of the United States. The company operates in three segments: Black Oil, Refining and Marketing, and Recovery. The Black Oil segment collects and...
Vertex Energy, Inc., an environmental services company, provides a range of services designed to aggregate, process, and recycle industrial and commercial waste systems in the Gulf Coast and Central Midwest regions of the United States. The company operates in three segments: Black Oil, Refining and Marketing, and Recovery. The Black Oil segment collects and...
Venator Materials PLC, together with its subsidiaries, manufactures and markets chemical products worldwide. It operates through two segments, Titanium Dioxide and Performance Additives. The Titanium Dioxide segment offers titanium dioxide (TiO2), such as rutile, anatase, and ultrafine TiO2 products for use in coatings, printing inks, PVC window frames, plastic...
The stock pushed back strongly from the support zone and went up. The smooth decline earlier suggests a sell-off without strong players and level formation. It is assumed that this range will buy out quickly, because there is a lack of stock at those levels.
Ahead targets: 8 and 9.15. Upside: 55% and 65%
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Okay. Here it is! This is going to be a good one. I would enter slightly above the 0.786 retracement of $3.41. If this pattern fails, then I'd look for a bounce around the $2 level. One thing is for sure, this thing is going up with strength once it hits these levels and I'm going to hold to double or triple up my money. Good luck, trade safely, and let's...
Sign of Strength in the chart:
1. Breakout from Accumulation with Shakeout
2. Healthy Pullback
3. 3 NS Signals
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
$VTNR Target 12.49 for 28.63%
My 7.81 order filled in pre-market… I’ll add at 7.81 again if it goes that way…
Nice After-hour moves here. This went right to the 50MA and right above the downward trendline… a break above that could make this bullish again…. Let’s go…
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next...
