W&T Offshore, Inc WTI

ChartProphet Premium

I got into this yesterday at $4.40 speculatively but we are holding and moving up so I thought I would share this trade. It looks like a good oversold condition on many time frames, sitting at support as well. Macd curling up potentially! I'd like to target that 200ma personally, then let some ride. Not financial advice, DYOR.

MishkaLA Premium

Sell to Open WTI Nov 18 2022 5 Put Limit at $0.05 (Day) End of the correction

bloodrain81 Pro

Most time frames are oversold atm and shows price severely dropping as low as 3-4$ NFA but do set alerts and read the market again.

SurfStalker Premium Updated 

Watching $WTI as a PEG Strategy. The latest drop in price appears to be headed to AVWAP from day of gap up. Watching for support.

saccoface

We are bouncing off a demand zone and fib retracement line. Green zones are supply zones pulled from various time frames (daily, H8, H4, H1) ($5.5, $6.8, $7.4 are supply zone areas) We could have a nice run into earning as USOIL futures corrected quite a bit and looks to be bouncing now.

zhasan92hz

*WTI Setting up for a New 52 Week High *Daily volume is more than double of average volume *Taking full advantage of price appreciation in Crude Oil

ChartProphet Premium

Well, I was not prepared for this to break out so fast. We still have a nice 5% scalp possible. NFA, DYOR

BahamasX Pro

WTI - Weekly - EDUCATIONAL only - Support, Resistance, Trend Lines, Fibonacci, Triangle, Cluster - Hope it Helps, Good Luck

KirkBarton

Current trend The North American light oil price, WTI Crude Oil, declines, currently trading around 70.70. Yesterday, the US Energy Information Administration (EIA) published key statistics on the state of the domestic oil market. According to the department, commercial stocks for the week fell by 0.240M barrels to 433M barrels. The volume of imports of "black...

Plat2472

I am buying puts on Oil stocks for over the weekend. Possibly into next week as well.

KirkBarton

Current trend The price of WTI Crude Oil is increasing and is currently located at 82.92. The quotes are trading in an uptrend amid a decrease in fuel reserves in US warehouses by —2.485 million barrels against an increase of 3.594 million a week earlier. Additional support to the price is provided by the strong position of OPEC+ regarding the preservation of...

Amir_Aiman Updated 

Date : Wednesday 20th October 2021 Time of trade (Malaysia Time) : 23:32 Scanner : DDNK Bullish Finviz Entry Price : $4.35 Shares : 1000 TP (Take Profit) : $4.87 SL (Stop Loss) : $4.21 *Prices are in $USD Comments : - What's on your mind? (What do you think about what you are doing/did?) I wanted to do options, since it's so cheap, but there are no strategies...

marketwizard Pro

NYSE:WTI This is a nice set-up I trade aggressively. The bigger picture is a wide base, Head & Shoulder bottom. First break of the neckline was a head fake, as usual, the consolidation following the fake out is a tight falling wedge. I buy an initial line here and load up aggressively on a 2nd break above the neckline. NYSE:WTI

Khiwe

To trade with a stochastic alone is fun, it can be tricky but it is okay. It needs awareness of candlestick patterns and possibly good for day trading or scalping. WTI for this one is bullish towards 4.36 on pullback. . Khiwe At this profile page, the shared analysis, ideas and also, the strategy of a chart belong to Khiwe with some being influenced. The...

chefdrewmem

2.16 and 7.50 i would say that if we see a return to covid protocol over the winter and being slower demand for oil consumption then we will hit 2.16 as we approach the spring of 2022 we will see an increase in demand reaching the top of wave three at 7.50.. this is my opinion, i am not trading energy at this time

ptschofield97 Updated 

It seems like we may be in a bearish Wolfe Wave pattern here for the time being, I don't think the bullish pattern fits because our wave 3 is higher than our wave 1. Short term we could see a PT of up to 5.50 before a pullback to sub $3 but with the fib resistance at 5.06 we may see the pattern begin a turn-around there. Lets see!

jakerobertson99

well see wht happens at the crossroads

jeffsuntrading Pro+

With Oil and Gas stocks continue to rally up form their 2020 lows, and SPDR S&P Oil & Gas Exploration & Production ETF ($XOP) already above its Pre-Covid levels, $WTI rally of +24.06% over the past weeks of trading upon the high volume break of a two weeks consolidated pattern, continue to suggest it is playing catch up relative to the broader sector. With...