A price action below 69.00 supports a bearish trend direction.
Expect further downside potential for a break below 68.00.
The downside target price is set at 66.00 (just below its 50% Fibonacci retracement level).
The stop-loss price is set at 72.00.
Testing major support (see the black dotted trendline).
Downside price momentum supports the bearish trend...
Hi traders.
Let´s take a look at OKE analysis.
Wait for the price to retest the support line and enter the long position.
Our estimated target is 67.86$.
Enter and stop loss lines are indicated on the chart.
Good luck!
The PEAD projected a Bearish outlook for $OKE after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 55.56%.
$OKE ($XLE) Other names in oil may need some exhaustion, however $OKE has a nice 212U M right now 🟢 , 212U 2Week 🟢 with short term target around 64-65. FTFC 🟢. Need Dec. cons at the least
ONEOK, Inc. engages in gathering, processing, fractionating, transporting, storing and marketing of natural gas. It operates through the following segments: Natural Gas Gathering and Processing, Natural Gas Liquids and Natural Gas Pipelines. The Natural Gas Gathering and Processing segment offers midstream services to producers in North Dakota, Montana, Wyoming,...
The PEAD projected a Bullish outlook for $OKE after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 80%.
The PEAD projected a Bearish outlook for $OKE after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 50%.
Oil group has been one of the strongest recently. While doing my scanning i came across this one. Looks good for me .... tight price action ... however ... many of the breakouts recently showed signs of weakness therefore caution is advised.
OKE is trading in an ABC Bullish pattern. Targets calculated by using the AB leg and fib levels. Targets are D.
Short interest 1.89% and NVI is high showing interest.
No recommendation, although I am adding to my position.
Estimated earnings 2-22.
PE 17.11 and EPS 3.43.
Dividend is 6.36%
ONEOK, Inc., together with its subsidiaries, engages in gathering,...
pure tiger blood right here, stock is fairly valued, fat divy. Parking dollars along this trend line for a bit. If it breaks this regression channel, you know the drill...
Description: OKE is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position.
Stats:
1. Ideal buy range: $52.6 - $54.2
2. Take profit: $60.69
3. Stop Loss: $51.4
4. Risk To Reward: 1 / 5
5. Accuracy Rating: 85%
I've been an OKE shareholder for a couple of years now with an avg price of $61. This stock was destroyed at the onset of COVID. The demand for Natural Gas, Liquid Natural Gas and Propane remains high and OKE is one of the biggest pipeline owners in the USA. They have consistently paid their dividend and should look to restructure their debt. This is a great...
