Imagine AR rebound expected
IP / IPNFF is highly oversold at the moment
MACD indicator has recovered
prices of small cap companies should be rising again after the drop in April 2021
investors have not been rewarded so far despite of very good news (partnership in NFT sector, new deals and collaborations in the sports sector, several successful sales of their SDK, new patent,...)
overall potential of the company is very promising
Ar
Double Bottom with upward momentumJSE:ANG has formed a double bottom chart pattern and is showing some upward momentum based on the upward turn on the stochastic at the end of March and, more recently, the crossing of the EMAs and the upward turn of the MACD. If it breaks through the highs formed in early March, it might give us a nice upward move.
KOPN - AR/VR partnerSHIPSKOPN has glass tech for AR/VR right out of Westborough, MA and a great MIT technology that has partnershop habits for growing market.
Chart comments:
* 4h-1d chart showing MACD crossover on just over 7.2M shares volume for the day posting a nice 10.5% gain.
* CCI just crossing 0 and RSI bouncing nicely off 50% zone showing strength of owners holding put.
* 21 other days were stronger than today in the past 3 months in volume with 2 days trading 15M shares
* Price ran with green volume spike days last May, July, and 2x in Dec before hitting high of $13.62 Feb 16.
* Price recovering from 4-6 week pullback and posted positive earnings March 02 and trend into profit growth pound zone.
* Next earnings May 11th expected to be -0.02 and ready amp up/down with good news or unexpected bad
* Bounce came off golden 618 retrace and at 318 now, look for quick jump to $11.50 and look for volume up or down.
* Owned since buy Nov price signals as AR/VR play having military techno gear (extreme durability category)
New AR app: Called "Better than holding paper biscuits" - the DEM presses are runningz$$$
U over 133.00This has been beat up from earnings and looks ready to reverse based on the daily hammer candle and close over the 100 daily moving average, just formed due to the recent history of the stock, see the orange line. Interestingly this also looks ready to reclaim the upward channel from October and November of last year. Entry provided over 61.8% fib from all time low to high. U does not have weekly strike options which can make it difficult to play, fortunately this week the closest expiry are 2/19 giving us a chance to play it more cheaply.
$AR bullish leading up to ERWe may have missed the initial move but looking to at least hit the top of the channel again at 8.50. This could move beyond with natural gas numbers looking very bullish. AR predicted $181 FCF for q4 on 26ish barrel pricing and it averaged 27.09. Also current pricing is indicated at 38.96 with the polar vortex. With ER on 2/18 I expect this to continue the trend upward.
Natural Gas --- ( 2 0 2 1 ) Swing TradeAlas! I am free to post what I want thanks to the help of everyone's contribution thumbs.
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The Natural Gas setup for 2021 is not only fundamentally bullish, it's a technical trader's gassy dream.
Welcome to the G a s i n o.
Macro View
From a macro view we can see that prices are now at the bottom of a historically supportive range. The previous deviations that dipped below this range were due to the bearish sentiment as production was trending up. This is no longer the case. Sentiment has now flipped cautiously bullish as supply/demand balance is expected to remain tight.
Bullish Indicators
First, we can see the weekly MACD is decisively bullish and above the zero line. This confirms momentum is going to likely remain bullish longer term.
Secondly, looking at the Commitment of Traders (COT) report on the indicator below the MACD, we see that Asset Managers and Speculators are more interested in long positions than usual. Should be plenty more next year.
Thirdly, prices are maintaining above the 50 week EMA.
Not to mention the inverse head and shoulders that is under construction. You heard it here first.
The Trade Setup
Now, if we overlay two important contracts for Summer(orange) and Winter(blue), we can start extrapolating potential targets. Current prices for either one are at the bottom of the range. This is what large speculators are looking at. This is where I am going to start accumulating starting with Summer. In addition, I am also buying dips of EQT as producers will benefit from stronger prices over the next couple years.
Looking at the August 2021 contract, prices have broken out of the down trend.
Today, in anticipation of a large swing trade next year, I opened a starting long position on the mini contract (QGQ2021) @ $2.78
I welcome dips and estimate a sell target somewhere well north of $3.00
TBD
Trading is risky, don't do it.
Long EQT and
QGQ2021 +1 @ 2.78
Antero Resources Becoming BullishBuying and Selling Antero Resources at resistance and support. The stock price appears to be channeling between the purple lines. In addition, the stock price is moving along the 20ma after a pullback, once the stock price trade outside the upper bollinger band. Purchase between $3 and $3.60. Looking for a $4.50-$6 exit before a reload at the 20ma (in the coming weeks). IMO
The price bottomed at $.70 and ran to +$3 earlier in the year. Consolidated for several weeks and just finished the first leg of the second wave. Taking a look further back, the stock price appears to be making an inverse head and shoulders pattern. Thinking the price could see $8-$10 range heading into winter.