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COP - 50 SMA Bounce and H&S Setup💡 Swing setup idea Resistance retest / breakout setup 🔎 Analysis summary: While we can’t be sure what will happen with oil, the stock is rising from the 50 SMA. We can also see a reverse head and shoulders pattern closing, which makes this setup interesting here. 👀 Levels to watch: Entry trigger: Break above $126.55 Target: $149.95 Stop: Under the breakout level 💬 Will the stock break through this area and keep the move going? Let me know in the comments! 👇 Good luck! ⚠️ Note: This is for educational purposes only and is not financial advice.
NYSE:COPLong
by Kochva_
COP: Post-Earnings Beat – Breakout Pullback SetupIdea: Long COP (ConocoPhillips) Entry: $116.00 **Stop Loss:** $107.00 Take Profit: $138.00 **Risk/Reward:** ~1:2.4 (Risk $9 / Reward $22) Timeframe: Swing / Position Trading (Weeks to Months) The Setup ConocoPhillips just delivered a massive Q2 2026 earnings beat, reporting adjusted earnings of $3.24 per share versus the $2.88 consensus. Revenue came in at $19.52 billion, up 32.4% year-over-year and well above estimates of $17.81 billion. The post-earnings pullback from pre-market highs near $119 to current levels around $115 represents a classic profit-taking dip — a compelling entry ahead of the next leg higher. The Fundamentals GAAP earnings reached $3.9 billion, or $3.23 per share, more than doubling the $2.0 billion from the same quarter last year. Operating cash flow hit $7.4 billion, with $7.2 billion in cash from operations. The company doubled share repurchases in Q2, raising total shareholder distributions to $3.0 billion. The quarterly dividend stands at $0.84 per share, payable September 1. Conoco also achieved its $5 billion asset disposition target ahead of schedule and signed agreements to acquire a 42% interest in a Kirkuk, Iraq joint venture. Total LNG offtake increased to 12 MTPA. CEO Ryan Lance highlighted record Permian production and reaffirmed full-year guidance. With a P/E around 20x and a beta of just 0.48, COP offers a defensive energy play with substantial upside, up ~26.7% over the past year. Analyst Backing The Street is overwhelmingly bullish. Twenty-five analysts polled by S&P Global have a consensus Buy rating with an average target of $141.20 — implying 22.7% upside. Fifty-two percent rate it Strong Buy, 20% Buy, 28% Hold, with zero sell ratings. Recent upgrades came from RBC Capital, TD Cowen, and Jefferies. The range extends as high as $157 from Piper Sandler. Our $138 target sits comfortably within this range. Technical Setup The stock is consolidating after a strong run. The 52-week range spans $80.68 to $137.60, with the current price at $115, roughly 15% below the yearly high. It is trading above the 200-day moving average of $104.58 and near the 20-day MA of $115.63. Options-derived levels show the put wall at $110 providing strong support, while the call wall at $130 marks the first major resistance. Entry at $116 offers margin above the $110 put wall and the 200-day MA. Stop at $107 sits below both the put wall and the long-term MA for structural protection. Target at $138 aligns with the lower end of analyst targets while staying just above the 52-week high. The Catalyst The Q2 earnings beat on August 6 was the primary catalyst. The pullback is classic profit-taking after a strong report. The story remains intact: record Permian production, doubled buybacks, $3.0B in shareholder returns, strategic expansion in the Middle East, and LNG offtake growth to 12 MTPA. The $7 billion free cash flow inflection target by 2029 adds long-term support. Key Risks Production fell to 2,248 MBOED from 2,391 a year ago, a 4% decline after adjustments. Geopolitical exposure remains a concern, with the ongoing Iran war causing some operational disruptions. Any significant drop in crude prices could pressure earnings. A break below $110 would invalidate the support thesis. Conclusion COP offers a high-probability setup on three pillars: a massive earnings beat with record production, clean technical support at $110 with a clear path to $138, and institutional backing from 25 analysts with a Buy consensus and average target of $141.20. **Entry $116, Stop $107, Target $138** — a clean, risk-defined setup with favorable 1:2.4 asymmetry. ⚠️ Disclaimer: This is a personal trading idea, not financial advice. Trading involves substantial risk of loss. Always conduct your own research and risk assessment.
NYSE:COPLong
by shortermtrader
ConocoPhillips: Strong FundamentalsConocoPhillips: Strong Fundamentals and Favorable Energy Market Conditions Ticker: NYSE Price at the time of analysis (July 7, 2026): $103.58 Current price: $111.46 Target price: $117.80 Stop-loss: $96.40 Recommendation: Buy Risk level: Medium Investment Thesis Rising seasonal demand for oil and natural gas, combined with ConocoPhillips’ strong fundamentals and the completion of major investment projects, makes COP shares attractive over both the short and long term. The key factors supporting this investment idea are: Rising demand and prices for oil and natural gas The completion of major investment projects Expected growth in free cash flow A favorable technical setup Company Overview ConocoPhillips is one of the largest oil and gas producers in the United States. In addition to its core exploration and production operations, the company participates in several liquefied natural gas projects. The company’s business is primarily concentrated in the United States, which accounts for approximately 80% of its revenue. Founded in 1875, ConocoPhillips is headquartered in Houston, Texas. In our view, COP shares offer attractive upside potential over the next two months, supported by several fundamental and market-related catalysts. Rising Demand and Prices for Oil and Natural Gas The U.S. Department of Energy forecasts an 11.0% month-over-month increase in natural gas demand in July. Seasonal demand for natural gas in the United States typically peaks between late July and early August. Forecasts also point to a significant slowdown in natural gas storage injections over the coming weeks. Stronger demand and slower inventory growth could support higher U.S. natural gas prices. WTI crude oil prices have declined by 21.5% since the beginning of June, falling below $70 per barrel amid optimism surrounding negotiations between the United States and Iran, as well as expectations of an oversupplied oil market. We believe this optimism may be excessive. Attacks on tankers in the Strait of Hormuz are continuing, while disagreements over key issues remain unresolved. In addition, U.S. crude oil and petroleum product inventories have fallen to their lowest level since 2004. A favorable technical setup, combined with the seasonal increase in summer oil demand, could also support a recovery in oil prices and a positive move in COP shares. Completion of Major Investment Projects The completion of the North Field East and North Field South LNG projects in Qatar, as well as the Port Arthur LNG project in the United States, could provide a meaningful boost to ConocoPhillips’ financial performance. Together with the company’s cost-reduction program, these projects are expected by management to increase annual free cash flow by approximately $1 billion in each of 2026, 2027, and 2028. In 2029, free cash flow could rise by an additional $4 billion year over year following the launch of the large-scale Willow project in Alaska. The Willow project is expected to reach peak production of approximately 180,000 barrels per day and has estimated proven reserves of around 600 million barrels. It is considered a strategically important project for ConocoPhillips, with planned capital expenditures of approximately $7 billion. Conclusion: We maintain a Buy rating on ConocoPhillips shares. Our target price of $117.80 represents approximately 14% upside from the price at the time of analysis. A stop-loss at $96.40 may help limit downside risk. Seasonally stronger energy demand, low U.S. inventories, potential support for oil and natural gas prices, and expected free-cash-flow growth from major investment projects create a favorable risk-reward profile for COP share.
NYSE:COPLong
by FreedomHolding
COP | May, 2026 | Continued stock growth- Timeframe: Weekly - Trade type: Buy stop order - Price: 119.89 - Take Profit: Open - Stop Loss: 112.64 (-6.00 %) Idea: Long on a breakout above last week's high — bullish momentum continuation. Entry: Buy stop above last week’s high. Stop-loss: Below the low of the same candle. If the weekly candle closes below this level, the trade is invalidated. Take Profit: Trailing stop following the lows of new weekly candles. 👉 Pionex | 200+ U.S. stock tokens | xStocks Feel free to like and share your thoughts in the comments! ❤️
NYSE:COPLong
by Tired-Wolf
ConocoPhillips Setting Up for Weekly Bounce Above $126:Current Price: 122.55 (Analysis was generated on Monday Morning) Direction: LONG Confidence level: 41%(Very limited trader discussion in snippets and weak social sentiment data. Direction chosen based on price sitting near support and typical mean-reversion behavior in energy equities.) Targets Target 1: 126.20 Target 2: 128.70 Stop Levels Stop 1: 119.90 Stop 2: 117.60 Key Insights: Here's what's driving this setup. ConocoPhillips is currently trading around $122.55, which sits close to a short‑term technical support region that energy traders have been watching across several oil majors. When I look at the broader energy sector, the key theme right now is stabilization in crude prices and steady institutional positioning in large-cap producers. Another factor: energy equities have been consolidating rather than collapsing despite macro volatility. That kind of price behavior usually signals accumulation rather than distribution. When large integrated and upstream producers pause after a run but hold above recent support, short-term traders often position for a bounce rather than a breakdown. This ties directly into COP's structure this week. The chart shows a compressed range forming after a pullback, and that pattern often resolves with a relief push toward nearby resistance zones. Recent Performance: ConocoPhillips has pulled back from higher levels earlier in the quarter but remains well above major longer-term trend support. Over the past several weeks the stock has been trading in a broad consolidation band roughly between the high teens and mid‑120s. The most recent move brought price back toward the lower part of that range, which is exactly where short‑term buyers tend to step in. You can see the compression clearly in recent sessions—volatility narrowing and intraday dips getting bought quickly. Expert Analysis: Several professional traders tracking energy equities point out that oil producers like ConocoPhillips tend to mean‑revert after short pullbacks when crude prices remain stable. The key level many traders watch is the $120–$121 zone, which has acted as a short-term demand area during recent sessions. What's interesting is the risk‑reward around current price. From $122.55, a move back to the $126–$129 resistance cluster is a fairly normal weekly swing for COP when energy flows stabilize. That creates a favorable setup where downside risk can be defined tightly under $120 while upside extends several dollars. Another thing traders are noticing: volatility has cooled significantly. When volatility contracts after a decline, it often precedes a directional move. In this case the positioning favors an upward retracement. News Impact: Recent developments around energy markets continue to support large exploration and production companies. Institutional investors remain interested in cash‑flow‑heavy oil producers due to strong balance sheets, shareholder returns, and ongoing global energy demand. ConocoPhillips also continues benefiting from its diversified production base and strong operating margins compared with many peers. At the same time, macro headlines around geopolitics and energy supply disruptions keep oil markets sensitive to upside shocks—something that tends to support stocks like COP. Trading Recommendation: Putting it all together, I'm taking a LONG position on ConocoPhillips for a short‑term rebound trade this week. The idea is simple: price is sitting near support, volatility has compressed, and energy stocks tend to bounce from these levels when crude stabilizes. Entry around $122–$123 offers a reasonable risk‑reward setup targeting $126.20 first and $128.70 if momentum builds. Risk should be controlled with a stop near $119.90 and a hard downside protection at $117.60. This isn't a high‑conviction momentum breakout trade—it's a tactical bounce play from support with defined risk. If price loses the $120 area decisively, the setup invalidates quickly.
NYSE:COPLong
by CrowdWisdomTrading
Energy Rotation Amid Geopolitical Tension: COP Riding an UptrendAs geopolitical risks persist, capital is increasingly rotating into energy stocks as a defensive and opportunistic play. ConocoPhillips (COP) is benefiting from this shift, with price action firmly in an uptrend characterized by higher highs and higher lows, NYSE:COP clear evidence of sustained demand. While broader markets reflect a risk-off sentiment, investors are selectively allocating to energy to capture upside driven by geopolitical tailwinds. ConocoPhillips operates as a global exploration and production company, engaged in the exploration, production, transportation, and marketing of crude oil, bitumen, and natural gas. Its operations span key regions including Alaska, the Lower 48, Canada, Europe, the Middle East and North Africa, Asia Pacific, and other international markets. The company currently has a market capitalization of approximately $151.14 billion. From a fundamentals perspective, ConocoPhillips is a narrow economic moat company. It has recorded revenue growth in two of the last three quarters, though earnings per share have declined over the same period. Profitability metrics remain solid, with average ROE at 13%, ROIC at 9%, and net margin at 11% over the past three quarters. The balance sheet is relatively healthy, with a current ratio of 1.3x and a debt-to-equity ratio of 0.4x, indicating moderate leverage and adequate liquidity. Overall, ConocoPhillips is well-positioned to benefit from ongoing energy sector rotation, supported by favorable macro dynamics and resilient operational performance.
NYSE:COPLong
by finvestnomics
ConocoPhillips holding key support as traders lean bullish thisCurrent Price: 117.07 (Analysis was generated on Monday Morning) Direction: LONG Confidence level: 62%(Professional trader consensus is bullish and price is holding above key support, but X and Reddit volume is limited, keeping confidence moderate.) Targets Target 1: 120.00 Target 2: 123.00 Stop Levels Stop 1: 115.00 Stop 2: 112.00 Key Insights: Here’s what’s driving this setup. Professional traders are focusing on COP’s ability to hold above the $115–116 zone, which has acted as a short-term demand area. The tone from traders is that dips are getting bought rather than sold, a sign that positioning is still constructive. Even without loud hype, the bias is quietly bullish. Another thing that stands out is relative strength versus the broader market. Energy names, including ConocoPhillips, aren’t breaking down despite market chop. Traders often read that as accumulation rather than distribution. When price refuses to fall on mixed macro headlines, it usually hints that larger players are still involved on the buy side. Recent Performance: Over the last several sessions, ConocoPhillips has traded in a tight range, digesting gains without sharp selloffs. Price is hovering near $117 after bouncing from recent lows, which tells me sellers haven’t had much follow-through. This kind of consolidation often resolves in the direction of the prevailing trend, which has been upward. Expert Analysis: Several professional traders I’m tracking described COP as “bullish but patient.” They’re not chasing breakouts yet, but they are clearly defending long exposure above support. The lack of aggressive downside calls is notable. When traders stay positioned long during consolidation, it usually reflects confidence that higher prices are coming. Technically, this looks like a classic hold-above-support setup. I don’t need fireworks here—just a steady push toward prior highs. That’s why the targets are realistic and sized for a one-week move, not a moonshot. News Impact: There’s no single headline driving this trade, and that actually strengthens the case. Energy prices remain supported, and ConocoPhillips continues to benefit from its scale and balance sheet strength. With no negative shock in the news flow, traders are comfortable staying long into the week. Trading Recommendation: Here’s my take: I’m LONG ConocoPhillips this week as long as price holds above $115. I’d look for a move toward $120 first, then $123 if momentum builds. If COP loses $115 with conviction, I step aside quickly—that’s what the stops are for. This isn’t a high-conviction, all-in trade, but it’s a solid, well-defined long with decent risk-reward based on trader consensus.
NYSE:COPLong
by CrowdWisdomTrading
Conoco Phillips (COP) I More Potential Growth Welcome back! Let me know your thoughts in the comments! ** Conoco Phillips Analysis - Listen to video! We recommend that you keep this on your watch list and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
NYSE:COPLong
by BKTradingAcademy
1
ConocoPhillips at a pivotal level as energy momentum builds:Current Price: 98.35 (Analysis was generated on Monday Morning) Direction: LONG Confidence level: 58%(Signals are light but tilt upward as price holds above key support and energy news flow stays constructive) Targets Target 1: 100.00 Target 2: 103.00 Stop Levels Stop 1: 95.00 Stop 2: 91.00 Key Insights: Here’s what’s driving this setup. Several traders are watching the $91 area closely, calling it a mid-channel pivot that has held multiple times. The fact that price is now well above that zone and holding near $98 tells me buyers are still in control for now. When price respects a level like that and doesn’t roll over, I usually lean to the upside. What’s interesting is how the upside levels cluster. Multiple traders and market commentators mentioned $95 as a near-term test that already played out, and attention has shifted toward the $100 round number. That level matters psychologically and technically. If price can push into it this week, momentum traders tend to step in, which opens the door toward the low $100s. Recent Performance: You can see all of this in the recent price action. ConocoPhillips has rebounded strongly from the low $90s and climbed back toward the upper end of its recent range. The stock has been moving with oil prices, and recent after-hours strength following oil spikes shows buyers are still willing to add exposure on strength rather than selling into it. Expert Analysis: Traders I’m tracking aren’t calling for anything dramatic, but several pointed out that holding above $95 keeps the short-term structure intact. The $91 zone keeps coming up in discussions as the line in the sand. As long as price stays above it, the path of least resistance looks higher. I also noticed that no meaningful downside targets were being discussed this week, which usually means selling pressure is limited. News Impact: The news flow supports this view. Oil price strength, solid 2026 operational outlook commentary, and the strategic Marathon Oil acquisition keep ConocoPhillips positioned as a beneficiary if energy markets stay tight. While integration risk is real, traders seem more focused on near-term price response to oil rather than longer-term merger noise. Trading Recommendation: Putting it all together, I’m going with a LONG position on ConocoPhillips for this week. I’d look for a push toward $100 as the first objective, with $103 as a stretch target if energy names catch a bid. Risk is clearly defined below $95, and I’d step aside if $91 fails. Confidence isn’t sky-high due to limited chatter, but the balance of trader wisdom, price structure, and news flow keeps me leaning bullish here.
NYSE:COPLong
by CrowdWisdomTrading
ConocoPhillips Breakout Setup as Energy Strength Builds:Current Price: 96.7 (Analysis was generated on Monday Morning) Direction: LONG Confidence level: 55%(Trader consensus is bullish with supportive chart commentary, while social activity is muted, lowering conviction but not invalidating the upside setup) Targets Target 1: 99.5 Target 2: 101.2 Stop Levels Stop 1: 94.2 Stop 2: 92.5 Wisdom of Professional Traders: This analysis pulls together the collective intelligence of professional traders who are actively tracking Small Caps ETF price action. When I stack all the trader commentary together, the short-term picture stands out clearly: several traders are warning that IWM is showing early weakness near the $250–$251 zone, with repeated failures to push cleanly higher. The wisdom of crowds matters here. Even though longer-term charts remain constructive, the near-term trader consensus is cautious to bearish, which carries more weight for a one-week trade. Key Insights: Here’s what’s driving this trade. Multiple professional traders pointed out that energy has been one of the strongest sectors recently, and ConocoPhillips repeatedly came up as a standout name. Traders mentioned bullish chart patterns and strong relative performance compared to the broader market. When several different traders independently focus on the same stock, that usually tells me there’s something worth paying attention to. What also caught my attention is the macro backdrop traders are talking about. Liquidity expectations going into 2026 and rotation into real assets have energy back in favor. A few traders even mentioned that any short-term dip would likely attract buyers rather than sellers. That supports a buy-the-dip mentality rather than fading strength here. Recent Performance: You can see this story play out in the price action. ConocoPhillips recently traded around $96–97 after a strong sector-led push, holding its gains rather than giving them back. The stock has been showing higher lows, which tells me buyers are stepping in earlier on pullbacks instead of waiting for deep discounts. Expert Analysis: Traders are clearly leaning bullish from a technical perspective. Several market experts highlighted strong chart structure alongside peers like Chevron and Exxon, suggesting institutional-style accumulation. I’m also hearing traders frame COP as a cleaner, higher-quality energy play, which often attracts longer-term capital that can support short-term momentum as well. That said, there’s less urgency coming from real-time social chatter. I’m seeing caution and low engagement rather than excitement. To me, that’s not a deal-breaker—it simply means this move isn’t crowded yet. Early-stage moves often look exactly like this. News Impact: On the news front, traders pointed to potential geopolitical supply themes and broader energy rotation rather than company-specific headlines. The absence of negative news is actually helping here. In a market looking for reliable cash flow and inflation protection, energy names like ConocoPhillips tend to benefit even without flashy announcements. Trading Recommendation: Putting it all together, I’m going with a LONG position on ConocoPhillips for the week ahead. I like entries near current levels with an initial target at $99.5 and a stretch target at $101.2 if momentum continues. Keep risk defined with stops at $94.2 and $92.5, especially given the lighter social confirmation. This isn’t a home-run conviction trade, but it’s a solid, well-structured setup leaning on the wisdom of professional traders and supportive sector trends.
NYSE:COPLong
by CrowdWisdomTrading
Conoco Phillips Stock Chart Fibonacci Analysis 082525Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 95/61.80% Chart time frame:B A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress:A A) Keep rising over 61.80% resistance B) 61.80% resistance C) 61.80% support D) Hit the bottom E) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If you want to prefer long term range trading, you can set the time frame to 1 hr or 1 day
NYSE:COP
by fibonacci6180
ConocoPhillips May Be Trending LowerConocoPhillips has made lower highs since last spring, and some traders may think the oil driller is poised for another move to the downside. The first pattern on today’s chart is the October 31 low of $106. COP tried to hold that level in late November before sliding into the double digits. Prices rebounded to stall around the same location last week. Has old support become new resistance? Second, the 50-day simple moving average (SMA) had a “death cross” below the 200-day SMA in July. The 100-day SMA is in between. That kind of sequence, with faster SMAs below slower SMAs, may reflect a downtrend. Third, stochastics have reached an overbought condition. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NYSE:COP
by TradeStation
CONOCO PHILLIPS Stock Chart Fibonacci Analysis 010725Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 100/61.80% Chart time frame: C A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress: C A) Keep rising over 61.80% resistance B) 61.80% Resistance C) 61.80% Support D) Hit the bottom E) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provide these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
NYSE:COP
by fibonacci6180
2