Weekly: SMA20/40 support, OBV>OBV SMA40 Daily: Trendline Break, OBV>OBV SMA34, W%R Crossed -80 Entry 4 Stop 3 Target1 6 Target2 9 I am not a PRO trader. I trade option to test my trading plan with small cost. The max Risk of each plan is less than 1% of my account. If you like this idea, please use SIM/Demo account to try it.
Pretty bullish chart overall, RSI working back above 50 with a squeeze in place. We saw a retrace and bounce off the 55 EMA, the 8 EMA crossing the 24 EMA and price rode the average. Two bullish patterns as well, this has the potential to rocket to short-term target of $5 in quite a hurry and may kickstart an influx of HTF investors.
Southwestern Energy is a holding company, which engages in the exploration, development, and production of natural gas, oil, and natural gas liquids (NGLs). It operates through the Exploration and Production (E&P); and Marketing segments. The E&P segment includes operations in northeast Pennsylvania, West Virginia, and southwest Pennsylvania, The Marketing segment...
Falling wedge on a nice trendline, looking for a breakout. ER was nice, gas and oil prices looking good, specially gas not reaching all of it's potential with Us and Eu sanctioning Russia probably resulting in higher prices even without the infaltion factor.
Tomorrow lookes like it might retest at the 3.95 level and bounce back up
Updated the SWN chart. Looks like naturalgas is bottoming out. Also wave 2 we are currently in looks like it has bottomed out on lower time frames. Pricetarget remain the same: Pricetarget shortterm: +/- $6.50 Pricetarget (Q3/4 2021): $12-15
SWN is a naturalgas play. SWN value is based on the naturalgasprice. Naturalgas is at a very low price due to becoming less popular and covid-19. Demand has been declining for some time now. When naturalgas price is low it isn't efficient for companies like SWN to extract gas because it will be less profitable. There is always demand for naturalgas so at some...
SWN with textbook ascending channel. Traders could open a long position when a stock's price reaches the ascending channel’s lower trend line and exit the trade when price nears the upper channel line. Enter trade around 3.35 and looking for a move back up to $4 A stop-loss order should be placed slightly below the lower trend line to prevent losses if the...
Southwestern Energy Southwestern Energy Company, also called Southwestern Energy, is a holding company, which engages in the exploration, development, and production of natural gas, oil, and natural gas liquids (NGLs). It operates through the Exploration and Production (E&P); and Marketing segments. The E&P segment includes operations in northeast Pennsylvania,...
Textbook Ichimoku Cloud reversal signals supported by a curling 50MA. Fib Extension based on movement during Oct 2020, paired with immediate trend lines suggests a 4-6 week $5+ price target with some resisance at $4.75. Confirmation of the new trend will be a continuation to $4, followed by a pullback and bounce off of the $3.70 area. Possible lon
Promising swing trade here. Cup formed. Reversal of trend since March 2020. This broke 3.75 so now heading towards a $1 price increase, so I believe about 25% upside here. Falls below $3.3 and it exit time though. *Please hit like if you find this post useful, thanks!*
NYSE:SWM broke out of the head and shoulders pattern, targets on the chart. Hit the like button please if you find this useful :) This is only my own view and not a financial advice, do your own analysis before buying or selling Happy Trading!