Mammoth Energy Services, Inc.
Long
Updated

TUSK Trending UP

368
The ST & LT targets posted but price action of course can deviate from the expected.
A great LT play. Enjoy every sandwich.
Note
Earnings release for Q2 2022 was on 7/28/22 and posted results much better than expected ... LT target still in play.
finance.yahoo.com/news/mammoth-energy-services-inc-announces-200100388.html
Note
As of 10/13/22, we are within a 2nd cypher pattern which is hiding within this last leg up of the larger cypher. Price is currently $3.72
Am expecting price to head to the $2.45 range to finish out the 2nd bottom of the inner cypher pattern... then, price will head up again with more steam.
Note
Moving UP as expected.
Note
As of 11/8/22, at $6.04 ... just a matter of time.
Note
Crazy ... $8.42 close today ... price action continues to move up the Cypher pattern.
And closed above the prior high. Play the chart shown to see the latest price action.
Note
Price consolidating/retracing around the $7 zone which matches the prior high. May have another leg down to the mid $5's to confirm support on the major Monthly 21 EMA prior to attempting next run up.

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