Enegry
Possible Long on Crude!With OPEC+ announcing massive production cuts it is safe to assume we will likely see higher. Not only because of the news but the TA also looks bullish. As the price of oil retraces back to the crossing trendlines I expect a bullish divergence to form on the oscillators. Along with the bullish divergences, the crossing point of the trendlines will also lead into an important golden pocket. I will be watching this as close as possible but I am currently really busy with harvest so I am not able to chart as much. Best of luck!
$VDE Energy Sector Profit Taking/Profit Protection TimeAs the energy sector is heating up, it could be time to start locking in profits or raising stops to protect profits earned from the recent run up
Energy more then likely will continue the overall uptrend in the long term as it works it way back towards its 2008 highs however from the recent short term high as the sector has run into a major resistance area over the past few years and increasing by nearly 40%+ since the start of the year to run into this area, it could just as easily pull back a big part of this move before it could be ready for the next leg higher
$FTSI can rise in the next daysContextual immersion trading strategy idea.
FTS International, Inc. provides hydraulic fracturing services in North America.
The demand for shares of the company looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $7,06;
stop-loss — $6,05.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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CL1! - Will june WTI contract repeat the fate of May contractOil moves is really fascinating, after expiration of the May contract on WTI which fell to - $40, June entered into the game and already managed to collapse by 42% in a few hours of trading.
And it doesn't look like it's going to stop falling. Interesting for how low in a day?
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
SRE Long ideaSRE. I like this trade. The energy market is heating up. OIL is moving higher which will drive this sector. Not the curling higher MA's on the 4 hr chart. The price is above them all. This is a good looking chart. I'd set my stops at $111, and 1st target at last significant high around $123. I also took a position in 3x GUSH.