$USOIL fell roughly 1 per. Barrel yesterday and is showing the signs of a second consecutive down day. Though most of the oil giants gained yesterday, pre-market indicators are showing a trend downwards to open up some good buy windows for the correction to-be. $USOIL should be around the 60/bar mark by the open of the fourth quarter, so some good entry points...
With $USOIL falling today by roughly $1 per barrel, oil giants stalled out on their respective correction path, but this opens a solid buy window before capitalizing on the inevitable corrections. Shell ideally represents a swing-trade with a sell point near 28/share; while it currently is available at 19.6/share. The oil giants are beginning to correct, but that...
$USOIL has been beginning its rapid ascent back to normalcy, with prices at gas pumps shooting up to match the market for crude itself: With already nearly a 5-percent increase before the mid-point of Friday's trading day, closing over 40 per barrel is fully within the realm of possibility. There have been no resistance marks in the candles today-- this...
The $USOIL commodity continues to correct the wild ride of 2020. It even did what many thought nearly was so improbable we wouldn't see it: Traded Negative. Well, that was then, this is now: Many oil stocks are now entering rapid phases of correction and offering almost insane probable ROIs. $HAL has been the biggest of these, as it fell so low as to be 5/share...
With $TSLA again making a rapid rise today to the tune of over 50 bucks a share, the bears are going to come out making noise. This update is for no other reason even: Ignore them. This stock is on fire, everyone trust a long, and bitter bears that failed to nab $TSLA when it was as low as < 500 / share in March are still really just fuming--while screaming it is...
Halliburton struggled already with a 12/sh resistance mark the past two weeks, but with the bullish day in the market, it has now managed to climb as surpass that resistance. Projecting the next semblance and hint of a plateau is tougher, but $USOIL continues to do its thing too -- greasing the way for the oil industry's stocks recovery. The ascent to a test mark...
Halliburton has trended up despite inconsistent oil prices, and it is just under 12/share. We expect this to be a tough test point for $HAL - it is worth charting very closely; there could (IF IT DIPS) be the new trough establishment even, but with $USOIL volatile still - most oil stocks are much the same. This 12/sh mark will be a big test for $HAL and it should...
Tesla had a run at Friday's closing when it rose from about 810 per share to close over 820. Today the market dumped more kerosene into $TSLA (IRONY INTENDED) as the battery stock is now ON FIRE: Next stop is 900, and it won't be long. The TSLA Short window saw a brief area to get back in @ 780; a figure we'll probably all laugh at soon enough. Tesla is now...
With $USOIL taking a virtual dump on Friday's opening, it has done nothing but gain steam since the mid-point of Friday's trading. Down as much as 2 percent by noon, it closed up nearly 4 percent. Now Over 35/barrel, and with state-openings coming one after another, Crude is due to make its run. This, of course, is great news for all with oil stocks and holdings...
Tesla has been a little volatile over the course of the COVID season, needless to say. Its most recent slip saw it drop to about 780/share, but with its very strong close to last week, $TSLA now hovers around the 835 mark, seemingly having shattered an 820 resistance mark that seemed as strong as the titanium in its battery cells! Many long-term Tesla bulls have...
With Oil plummeting through the first-half of Friday's market session, $HAL has dropped nearly 0.5%, but this will help to establish its new bottom trough. The last was in the 9.5-9.7 range, and this one may not be any lower than 11.2-11.4. The gains, over time, are occurring: It is easy to panic with the oil economy still struggling to regain its foothold, but...
While positive news continues to brew for Disney, the continued lingering of the COVID-19 pandemic has prevented its stock from being able to test, climb, and surpass the 120/share mark. Without further news of re-openings to come, expect $DIS to continue to struggle; although, it probably will avoid "Bottoming out" too badly. That said, a second-wave, or spike,...
We had indicated 820 as a huge resistance point, and just as $TSLA showed its signs of shattering it; it recoiled and reversed the trend to close down on the day. After flirting with the mid 820s; Tesla fell a solid 15/share to close at about 805. Still believing the trough to be 750-765, it will be highly interesting to keep charting Tesla throughout the week's...
Tesla ($TSLA) has flirted with beating the resistance point @ 820 for the past 72-hours and now is showing signs of having done so, trading @ 822 as of the time of this update. If it trends towards 830 by tomorrow's close, the resistance point could be shattered - signaling both the next leap, and the possible closing of a good sell window on $TSLA investments....
Yesterday, despite the waves of intuition otherwise, $HAL made a steady gain as crude prices themselves plummeted. With Oil reversing and up over 1% already (by 11 AM EST), Halliburton should be turning on its afterburners (no pun intended) soon. Expect steady gains from $HAL throughout the upcoming days, but moreover until it reaches a healthy and full sell-point...
Tesla ($TSLA) double-failed two resistance marks at 820 and 807. The former of these really seems to be a short-term upper limit for $TSLA. Nearly each time it tests @ 820, it proceeds to have a variation of failure: The short on this is not wildly profitable, though absolutely still in play. $TSLA has shown promise enough, absolutely, but the bears seem to be...
Halliburton has gained upwards of 1.8%, or 21-22 cents/share, while the price of crude has fallen at the same time. While this is not wholly indicative in and of itself of a major trend, it's significance also should not be ignored: $HAL Is the top producer of oil manufacturing equipment while providing tops in arrays of field surveys; it is an indispensable cog...
Tesla has previously shown major indications of forming its definite range around a true value. The oscillating nature around both a mark of 820/share and now about 807/share is showing two negative signs of resistance to those marks, making $TSLA now a must-short. That is not to say that I expect the bottom to fall out of one of the most promising tech stocks in...