[USEG] [+40%] Technical and fundamental opportunities
Updated
// Opening position price - $4.9
// Reasoning:
// Prediction
I expect the symbol will breakout the resistance line and above.
// Target
Closing target price - about $6.35 - 9.35, Timeframe - October-November 2021.
// Reasoning:
- Changing the channel
- Multiple tests of support
- Gas and Oil prices in Europe (and in the world) just hit record (fundamental analysis)
// Prediction
I expect the symbol will breakout the resistance line and above.
// Target
Closing target price - about $6.35 - 9.35, Timeframe - October-November 2021.
Trade active
Trade closed: target reached
Closing pricing 9.80 (+100%)
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.