This is definitely not the time to buy as its in a major down trend and it seems to be rejecting resistance next earnings is in march, which gives a lot more time for this stock to keep falling, which i am doubtful will change the trajectory of this stock. Even the Iran situation had very little effect. If you have seen my post on oxy, I believe that this is in a...
VeChain (VET) as of late declared the starting of its new official VeChain Block Explorer and VeChain Sync Ledger Wallet Interface. The advancement comes following the unexpected stopping of the current VeForge benefits by Totient Labs, an entity from the VeChain development network. As far as the new VeChain blockchain wayfarer it is booked to go live before...
If oil manages to hold 55$ a barrel, this is a solid buy
VET Gartley on monthly is getting confirmed. Coming rally should be promising around 30% gain. There is also a potential double bottom happening but it is too early to say. Note, price may (or may not) spend more time at these prices before taking so this trade requires a lot of patience and proper money management. Consider it as long term trade. While holding...
Watching the Canadian oil and gas space closely. A ton of upside if any positive news come out. Starting to see signs of some bottoming in a few names.
Hi guys ! I hope you have enjoyed with profits my last ideas which i had posted , now i see a long position signal for Vermilion Energy Inc which is among the dividend companies one of the best and generally one of the best companies of Canada . So After testing 4 supports at the price of 39,8$ now I have the view that it will go long until the price levels of...
VET looks like it has bottomed two weeks ago exactly at the long-term support of its up trending channel. Since then, it has rebounded, traded and closed above its SMA200, no later than Friday. This could be a positive sign for the upcoming earnings on Thursday. Looking to play a confirmation of the rebound by buying an ATM call on the closest expiry, ahead of the...
VET has been in an up-trending channel since mid 2017. Currently trading towards the bottom end of this formation. Technically looking positive in the short term and mixed in the longer term. Earnings upcoming this week, with an improving oil environment. Play the $30-40 range in the following way: 1. Buy ATM Mar 16'18 call and pay $0.80/share 2. This...