CPE 4HR Alt Bat Bullish Alt Bat
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL BUY
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About Callon Petroleum Company
Sector
Energy Minerals
Industry
Oil & Gas Production
CEO
Joseph C. Gatto
Website
callon.com
Headquarters
Houston
Employees
354
Founded
1950
ISIN
US13123X5086
Callon Petroleum Co. engages in the exploration, development, acquisition, and production of oil and natural gas properties in the United States. It focuses on unconventional oil and natural gas reserves in the Permian Basin. The company was founded by Sim C. Callon and John S. Callon in 1950 and is headquartered in Houston, TX.
29/3/2022 NYSE (CPE)Buy (Entry Price) within the buy zone area and exit (Stop Loss) below the red line. Can take profit at the suggested Target Price.
Entry Price: $61.32 / $59.76
Target Price: $62.94 / $61.44
Stop Loss: $58.08
Important Few Days for CPEAs an update to my prior post, we are now at a pivotal point where CPE is hugging the trendline support and looks to be completing a head and shoulders.
My price target to buy if the support line breaks is the red trend line at the bottom. The H&S is invalidated if the current support line holds ov
7/3/2022 NYSE (CPE)Buy (Entry Price) above the black line and exit (Stop Loss) below the red line. Can take profit at the suggested Target Price.
Entry Price: $58.14
Target Price: $59.54
Stop Loss: $55.87
How Does CPE Play Out?Good Morning~
From my previous post, we can see CPE has broken out of the wedge, then quickly retreated to back-test the break-out and now we march onwards and upwards.
I've outlined my take on 1 possible way CPE will play out over the next few months. With immense volatility comes immense profit
CPEBreakout of the triangle this week with solid volume. Next step is getting above $61.50 for continuation imo.
Potential Bullish Break Out on CPEOil and gas equity prices have been lagging behind Oil numbers from a fundamental standpoint over the last few months. Very cheap valuations and forward PE ratios. Several smaller cap oil companies such as CPE, CDEV, LPI and others have been heavily consolidating and are looking primed for a break o
Callon Petroleum Company long term potentialCPE long term potential
CPE long term potential
CPE long term potential
CPE long term potential
CPE long term potential
CPECallon Petroleum Company (NYSE:CPE) has formed a large Cup and Handle pattern on daily charts. Potential breakout play this week. Watching over 60.9 with resistance at 61.49
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This info isn't a recommendation for what you should personally do, so please don't take the data as investment advice. As with any trade, always look first, then leap. Read more in the Terms of Use.
