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BUY TALO - TALOS ENERGY INC - STRONG BUY ON WEEKLY CHART
Talos Energy, Inc. operates as a holding company. The firm engages in the exploration and production of oil and natural gas. It focuses on the exploration, acquisition, exploitation and development of shallow and deepwater assets near existing infrastructure in the United State Gulf of Mexico. The company was founded by John A. Parker, Stephen E. Heitzman and...
This is based on technical indicators that I wrote on a daily chart with Heikin Ashi bars (which show the price a little different than standard candles). Pros for going long: the trend is up (see the top blue indicator and its purple EMA which are overlayed on the price) the bottom indicator reached the bottom trendline and returned with plenty of room to...
Buy @ 18.21 Take @ 24.0 (+31%) Stop @ 17.3 (-5%) Due to impact of the coronavirus Energy sector plunged the most among the sectors. That's why it is a good idea to start watching for energy stocks. Talos Energy highly sensitive to oil prices, therefore I recommend to place close stop order. However the return may be even over $24,0, but more probably that it...
We were alerted to this stock after a earnings jump and have now confirmed our interest after a follow up volume spike and unusual call volume action. We are following someone in the know.