Halcon Resources- Possibility of MASSIVE up move!
Updated
Hi traders,
Halcon Resources currently looking like a great opportunity for upside movement.
Price action showed a compelling morning star signal supported on Fibonacci retracement support and 50 moving average. Price is about to break a sideways resistance. Looks like a longer term 3 wave ABC move, of which I expect the move to be very very strong here, and move in a similar fashion to the first up impulse before it.
Best regards,
Tom_Killick
Halcon Resources currently looking like a great opportunity for upside movement.
Price action showed a compelling morning star signal supported on Fibonacci retracement support and 50 moving average. Price is about to break a sideways resistance. Looks like a longer term 3 wave ABC move, of which I expect the move to be very very strong here, and move in a similar fashion to the first up impulse before it.
Best regards,
Tom_Killick
Note
A compelling 3.45 percent move here. Well done to anyone on Trading view who followed this idea with me, using their tested trading strategy.Almost all my ideas produce a profit, most the time significant. Like and follow to receive real time trade setups!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.