An intraday high potential, Back Tested Long Analysis.
We ll try to find an entry price within the expected pull back zone 3.36 - 3.43 as previously being back tested.
CCI diverges the price crossing up the zero level as well as shown in the chart.
DETAILS ON THE CHART
NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback...
Tetra Technologies beat analyst's Q4 earnings expectation with $0.09 versus $0.08 estimated. The chart is forming a double bottom reversal to go long on.
TETRA Technologies, Inc. is an oil and gas services company. The Company focuses on completion fluids and associated products and services, water management, production well testing, offshore rig cooling, and compression services and equipment. It is composed of three segments organized into three divisions: Fluids, Production Testing and Compression. The Fluids division manufactures and markets clear brine fluids, additives and associated products and services to the oil and gas industry. Its Production Testing division provides frac flowback services, production well testing services, offshore rig cooling and other associated services in various oil and gas producing regions. The Compression division provides compression services and equipment for natural gas and oil production, gathering, transportation, processing and storage.
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TTI
