CPE - Fifth time - will break out or not? Met the line of resistance fifth time ! will break out Above the average line 150MA ? Potential of 44% percent up - Long term Only an idea and not a recommendation for trading!
DOA -KILLZONE TIME: 11:45pm -SESSION: Pre-London -TIME OF EXECUTION: 11:45pm -DATE: 8/14/22 -DAY OF WEEK: Sunday Night/Monday Night Entry -POI: CPE -RR: 1:2.63 -POSITION: Sell By Market -SL: 7 (0.7% risk $700) -TP: 18.4 (1.8% risk $1,840) Moral -Market Opened Bullish -Anticipated Judas Swing -ICT Close Proximity Entry Results -Target Reached!!! -18.4pips...
CPE long term potential CPE long term potential CPE long term potential CPE long term potential CPE long term potential
Breaking above the left edge of the cup and handle. Has to break the local high but could run after that. Oil prices also increasing. 4 hour hidden bullish divergence too.
Watch for a break of 14.10, Stop signal 12.43. Target 1 19.83. Target 2 32.43.
Just as NYSE:RIG and NASDAQ:CDEV this one show a similar movement, (very similar), so, if the cup&handle pattern is confirmed we can expect an objective price around $3.00 The ichimoku cloud could be used as support for the movement, but the most important is the stochrsi that shows we're on the bottom of the oscillation movement, so we're waiting to go up,...
Caught onto another wedge, from what I'm learning wedges can take some time to playout. This wedge is pretty though and oil prices are rising.
Symmetrical Triangle + Trend Line Break + Dynamic Support + Volume Spike (at Break Point) + Consolidation
If bulls starts to play, this could achieve an objective price around 1.43 in next weeks. Indicators can be useful to understand the movement: RSI14: 50.21 RSI21: 45.79 %B: 0.3656 VOL is also low EMA 20 is getting closer to EMA25, but not enough. Both low with a good chance to go up. This is not an investment advice of any type.
27th of April might go down and it might try $.40 (there is that article about bankruptcy fool . com) 28th of April after government aid it might bounce back and try $.7 and even more , there is huge gap between $.87 and $1.2 it also might feel that gap !!!!! Disclaimer: I’m not: a certified financial planner/adviser, a certified financial analyst or even an...
Callon Petroleum Company is an oil bounce play. I am normally very against this but am short term bullish on this and NAT (tanker company) as far as oil is concerned. The setup is as follows: They have uniquely hedged themselves with oil swap contracts valued $50+ per barrel. Someone deserves a bonus. This is the highest valued swaps I have heard of...
CPE is ready for the breakout as MACD, MAs, RSI and MFI are saying. It looks like going up in the channel. Now it's simple correction since morning. Fundamentally - the company took some experts to deal with the restructuring. Also PE ratio is one of the lowest in the stock right now. So is the P/Booking ratio. How will it go? :)
CPE has formed a strong bottom. NYSE is easing restrictions, it will have time before split stock reversal and may not perform it. Still a good long hold to gain close double profit. High point around 90 cent
The company doesn't have specific news regarding direct aspects of its structure, but we noticed a series of Block trades occurred last Friday, accounting for almost two and a half million shares exchanged, which means that big players are taking stakes at the company. On the geopolitical side, the Crude Oil and its derivatives are in bad shape as the Output...
The bullion hedge fund manager John Paulson Jr acquired 21.6M shares of CPE. The blue line is the 2014 price level. My play is to see will we have some contraction and then to jump in. Also worth paying attention is RSI 50 level, will the momentum holds or not above the same one. My target will be near the Fibonacci level ( Weekly one)