ANALYSTS WARNS OF SHORTING INTO EARNINGS
Antero Resources, Range Resources analyst commentary at Stifel Short-selling Antero into earnings 'could be quite risky,' says Stifel. Stifel analyst Jane Trotsenko said investors could be inclined to short Antero Resources (AR) and Range Resources (RRC) given that Mt. Belvieu, Texas NGL prices are down 15% per barrel...
$AR Antero Resources - Appears to have found a bottom around $9.00 in December. RSI is beginning to trend upward on the daily chart with price still moving relatively sideways. If oil can continue to recover as we move into 2019 I expect AR to bounce back well above $10 within a short period of time. Will monitor for a break above ~$9.90 resistance before...
11/8/18 insider sold approx $1 billi in shares
What do they know,
As well they sold at the bottom... WTF?!
MACD turning down
Stoch cross over down
4 hr shows tweezer top/bearish harami red outside
This is a follow up on my Jan. post (see link below) . Notice the recent rise in the daily chart exceeded the previous high and so far the current low is still above the previous low ( No NL = No new low). Have a nice bullish diverg. in the weekly RSI. Have (so far) a potential positive reversal in the daily RSI. Process your way. Have a great weekend.
Long term down trend line broken with encouraging weekly candle (so far as week not over). If go long can use recent low as stop.
Analysts: 8 strong buys, 9 holds.
Antero Resources Corp. is an independent oil and natural gas company, which engages in the exploration, development and acquisition of unconventional oil and liquids-rich natural gas properties located...