This is just one of major oil companies which is undervalued. But The whole energy and oil/gas sector both mid cap and large cap are underperforming for the past years.
Time to get long in to that.
Technicals of this specific company: a simple break out.
Political situation: Oil is emotional /political risk asset and now we have major escalation with US/IRAN ...
SPY sell off happened after double top check of the Bollinger band on the daily (we looks not at the 4h chart to see plan for quick reactions trading).
I would like to buy in the dip to ride it to the ~315 area and then place a short there.
I except for a sell for to the 300 area and there i would buy mre US equities.
QE on steroids + china...
Here is another beaten down stock after initial IPO with a large growth potential.
I really like their product in general but also their growth perspective is really promising. We see now higher lows and squeezing from this flag to the upside.
Again - it is after IPO so all the investment bank try to load all their stock on retail investors so gotta be...
Break out brom downtrend + Price action on the market SAAS stocks down day in shopify showed extremely bullish reversal, yesterday was same bullish reversal on a red market day.
Big picture: SAAS and growth stocks showed a lot of weakness lately but $SHOP was the leader in all of them.
Plan: Buy monthly call options with a strike price of 380 after...
That is a free cash flow generating machine.
After their aquisition with a company which has around 1.6B assets, they paid 4B and the price went of course lower.
Does the aquisition makes sence? In the long term probably yes shareholders hate to give their money for mergers.
Bounce from 50SMA weekly and a potential gap fill.
Kl rebounded from the same...