Alarm set here for small pullback on 1 hourly. Broken through diagonal trend line. Target at major236. Will update on entry.
Bull flag has formed, I'm optimistic we'll see another nice big pop once oil gets back on track.
picked up some here b c WTI looks super wrecked and so does this stock. And also thinking the DXY gets blocked around $92.7 could be a nice bounce
Bullish Flag, confirmed (72PC) Pros: Volume during post formation Descending volume during flag formation Volume at break out Golden cros in blue PPS above 50MA and 200MA RS above 0, and ascending ATR Ascending R/R ratio above 13, high 200MA ascending Cons: 250RSI below 50 Target: PT = 0.95$ Help how ever you can to keep this alive. Thank you to those who have...
looking for something like this by EOY guys. I think we r in for a dip back to .17c B4 another leg higher tho.
SGY.TO Somebody is starting to dump money into the Canadian oil & gas names. Will it last? I have no idea but I'm watching.
Today I’ve learned how to use the momentum oscillator “Rate of Change” or ROC in whipsaw stock movements. You need to pay attention when it becomes positive and crosses the zero line and then you need to watch if the price crossed its MA. The key point is to use the same time period as for the MA as for ROC. I am not a day-trader and my strategy is short-term...
Like most oil & gas companies Surge Energy SGY.TO fell sharply today (-15%) and is down by more than 1/2 since the end of November. The stock looks like it will find support at $2.80, which was tested previously in early 2013. Current dividend (21%) signals a cut is pending. However, the company has 34% of production hedged at CAD$100 for the first half of...
Traverses for Serge stock price is following a bullish channel that is narrowing. Using Fibonacci retracement numbers, the current traverse will correct at approximately $7.55, and go to $9.60, at which point, the channel will more than likely reverse.
Im Longterm Bullish on SGY and the Canadian Oil and Gas Stocks. But i believe we need a retracment before another move to the upside.