Hello traders, I have found a long position. I currently see Antero Recources as a buy position. SL is safe, things continue to decline below that. Always look at the companies you invest in before buying, especially before selling. I can do a lot, but I'm not God and I can't foresee everything. Good luck
Fundamentals
This is a leveraged play on Natural Gas. Antero is one of the largest U.S. suppliers of gas to the global export market.
NatGas got destroyed in 2022-23, and arguably is forming a long-term bottom.
Technicals
The weekly chart shows that NYSE:AR bounced from two-year-old support and printed bullish RSI divergence:
The daily chart that since the...
Accuracy in direction. I started with penny stocks then forex. Through it all I stuck with reading the charts and understanding it. I've used tradeview as a diary for myself.
Middle Point along the dashed white line
This is essentially a inverted H&S with the right shoulder yet to form.
The right shoulder when it forms should bounce off this horizontal support in green.
Natural gas producer and hydrocarbon exploration company Antero Resources has a market cap of $11.3B. Its stock followed the surge in energy prices this and last year, then corrected in June-July. With global shortages and an increased demand for natural gas (vs. oil), there's opportunity in energy long-term... but short-term uncertainty in this market.
Trading...
first time publish..newer to trading, cup and handle, fib retracement. looks like a long term play. Just sharing for fun, I am NOT an expert..thoughts?
