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My graph might be biased since I have a 6/19 4.00$ Call...But like it's kinda setting up for a big move up 3rd wave
buy and hold til Aramco or some Big Shot ARAB takes over and pumps Oil towads $65 and $100 == in talks for bigger fish
Falling Wedge Breakout + Bullish Momentum + EMA Cross + 3 White Soldiers Price Target: 1.94 Options Trade: 6/19 2c
Update on my #WLL long, my buy triggered at .74c I am looking for something similar to #OAS the top of this range to be tested B4 a pull back then a break into a new higher range
For the analysis of the price I have foreseen a very good exit from chapter 11 and a WTI at $45-48 by the end of June.
Bids set at .70c for a long to $4, I overlaid WTIC on this chart for a reasonable TP. Looks like sometime mid June we can expect this move as long as WTIC doesn't crash.
Whiting may break further up if today's Q1 earnings are alright, we will see, technicals seems promising as for now.
Huge short interest in the name could get a considerable squeeze in the coming days but highly speculative and dangerous Trade with care
I took the long with SL around 1.06 incase this gets ugly but looks like it started to break out already. I think $4.00-$5 is in play
this could be forming here on wll, looks like a break up here and bulls will run with this stock.
The Yellow lines indicate Support and resistance. The red represents stop loss and the green is the limit. i think $1 is a good entry. LMK ur options
$WLL zooming in H2, my 1st TP of $3.40 is still valid I think we need to fill the gap, cool off, consolidate 1st maybe in this triangle I drew maybe not but consolidation is needed after 200% gains Fam. Keep the corse 1st TP $3.40 2nd $7
It seems like after reaching $2.5 in last week trading ... its going back down from $1.12 to .30 or .51 cents. Not sure at some point in future it might reverse split ...
Here's my $WLL H4 update Fam, like I said market top is around 25k #DJIA I am using my $SDOW chart looking for $28 as guidance as to when the top is in. I know $3.30 TP will be hit. Question is can we make it up to $7?
Reasons to short soon. #1: they filed for bankruptcy #2: earnings coming up with 100% won't be good #3: going up WAY too fast absolutely not sustainable for a full bull run to break and highs or necklines. Of course wait till it confirms the downtrend by breaking under previous high on the bull run.