EEENF Strong Uptrend | LongI've been trading this beauty since $0.022 and taken some pretty sweet scalps. It's holding strong in a Fibonacci uptrend channel with all the makings for future pumps. It just looks strong but I would personally DCA if getting in for the first time. As always this isn't investment advice, DYOR and Good luck!
Energystock
LEU WILL POWER THE FUTUREWith a major infrastructure plan in the works, EV burning up the roads, and hoping for a green future, Leu is waving its flag and trying to get our attention.
Earning report on 8/17
Bill could pass any day, earnings report likely positive - If they happen close together this will be a one-two punch on the accelerator.
Price to drop on 8/11 with 8:30 AM inflation numbers - good time to load up and strap in before lift off!
the above is personal opinion and should not be construed as stock advice or direction.
Good luck!
$ABXX GO TIME on ACH license this weekI am putting myself out there that as time passes its more and more likely that Abaxx is awarded its license to operate as an approved clearing house. I thought it could slip into August and it has but it may yet still not come this week. So we have 5 days here for it to come for this chart to perhaps be a nice call on Stock performance this week.
Note prior candle sizes Abaxx has put up in March and April, also a nice one in June. Price has a history of travelling .40-.50 cents in a day on above average volume. Abaxx being awarded this license this week opens up the door for that share price action I believe. I noted that red candle from a couple weeks ago as its large red volume but doesnt tell the whole story. There was a large buy on the OTC side mid morning and the price moved up, sellers took control in the afternoon but the bulk of the volume for the day was on the buyside.
If Abaxx is indeed awarded its license this week it will be easy to look back and say last Thursday was indeed a shakeout of speculators and or weak hands as they anticipated news and trading it, The sell off was bought quickly. I put it up there now to perhaps be ahead of the game, or be wrong.
For fun I put up that candle with a volume range for trading. I intentionally stopped just over $4 as there is evidence that there will be *some* resistance there from the chart (trendline inputted). Also there is the psychological resistance factor to consider whenever you cross over into a new dollar amount where traders may take profit.
All in all, I believe being awarded the license when it comes will be an absolute shift in trend to the upside for Abaxx. There is also the AGM meeting on August 25th where shareholders will vote to allow leadership to reduce shareholder capital in Abaxx and pay out a dividend in kind in the form of BASE Carbon shares which should also keep eyeballs and buyers on the stock.
We'll have time before the actual Abaxx Exchange launch which should come in late Sept/early October if Company's current TL is maintained. So there will likely be some healthy pullback and consolidation. I am really curious to see if volume starts to ramp up. This is a relatively tight float a strong portion of which is held long. If there is significant buying interest the price could and should move in Sept to test the NEO ATH set in early April. $ABXXF traded on Dec 28th with CDN markets closed for Boxing Day holiday (BD was on weekend) and put up large run that hit an ATH but sold off intra day.
For now lets see what this week brings. I have a Long position in $ABXX. Should you trade this stock please follow your own trading rules and do DD before taking a position.
Hit me up on twitter if you have any thoughts/questions/callouts or want to learn more about Abaxx.
Cheers,
Luke
NextEra Energy looks like its in need of a retracementNEE looks like a really interesting stock at the moment. Based on the quant signals it looks like its in need of a retracement before any meaningful upward move thereafter. The company appears to have a relatively strong balance sheet and provides a range of services within the renewable energy sector including power generation from wind, solar and natural gas. Could this be a stock to hold for the next 3-5 years?
Thematically lets just say that renewable/clean energy continues to be a growing industry globally. What fascinates me it how cheap and readily accessible the technology should be in the next 10 years. Someone or a group of monopolistic companies will need to lead that drive. NEE looks like it could be one of those players.
To be clear i think a short term retracement is on the cards based purely on the quant signals. Beyond that i think it could be a great company to hold in one's portfolio. For that reason my investment strategy is "Neutral" as it consider both the down and the upside over different time frames.
Please like and follow. Please also share your views on the trading ideas and whether or not you find them to be of any value to you as a trader.
Please note, this idea is shared for educational and discussion purposes only and should not result in speculative investment decisions in any asset class.
ENG Swing Ahead of August Earnings!I am considering current theme of oil tickers with industrial, multiple pipeline incidents in recent history including most recent ocean on fire incident. ENG looks good from a technical perspective getting a falling wedge breakout on the 1 year 1 day with volume! check out the support and resistance levels and ask if risk reward is good for you. Do not trade based on these charts make your own plan. Current price 3.23.
CEI Camber Energy Bullish - BlackRock increased Ownership in it!On 5/7/2021 BlackRock Inc. reported 472,687 shares of CEI Camber Energy worth $0.49M, an increase of +47,268,600% and 1.891% ownership in the company.
If you do the math, they bought the shares at 1.03usd!
Now you have the opportunity to buy them lower than BlackRock Inc at 0.60usd!
Average daily Volume is 8,539,760
Market Cap is only 34Mil
Using the Fibonacci extension tool, my price target is 2.1usd!!
Now you tell me if it is a gem or not!
COAL INDIAAs per the Japanese study of Ichimoku Multi Time Frame Analysis, Coal India has activated a C Clamp in daily time frame. As per the study, it could rally till 155 where the Kijun/Base line is currently, with minor resistance at 150 as long as it stays above 144 (fractal low) over the next 10 calendar days till it remains valid.
In terms of R:R and time anticipation the set up looks decent.
Do Your Own Research before initiating and follow levels (both in terms of reward and risk) always.
RIG raising the bar on FibsHad to update my Fib setting today on RIG after this last move. With oil and gas still taking center stage, reopening stocks seem to be pivoting around energy. Still, from a longer-term perspective, there is still plenty of ground to make up from its previous drop.
"At least in the near term, oil and natural gas will be needed to help fuel the equipment & industrial processes needed to create this brand new infrastructure. This is where we see companies involved in everything from oil and gas production to transport becoming a focus in 2021."
Quote Source: Best Penny Stocks To Watch Now? 10 Top Epicenter Stocks For Your List
SOL ReneSola Price TargetAfter the boom of energy stocks at the beginning of this year, now the retracement seems like a great opportunity to reenter the space.
On 4/30/2021 HC Wainwright Brokerage Reiterated Rating for SOL ReneSola to a Buy with a price target of $15.00
Based on the resistance ahead, i have a short term price prediction of 12.5usd.
KOS At A Pivot PointKOS At a make or break area of resistance that was formally support a while back. Also coming into the month with stronger volume and a golden cross (bullish technical set up). With strength in energy and in light of the current levels, KOS is something on the list to watch right now. It also put in a new 52-week high on June 21st.
"Kosmos Energy has been on our penny stock watchlist for months now. By midday, shares of KOS stock had jumped by over 16% to $3.60 per share. The reason for this jump was due to an analyst at Bernstein named Bob Brackett, shifting his recommendation to a ‘Buy Rating’ with expectations for oil demand to increase by over 10%. Even as the market for more sustainable energy and electric vehicles expands rapidly the expectation is to see demand for oil rise in the short term. It’s important to note that this is just one analyst’s opinion and penny stocks that deal in energy sources such as oil are particularly volatile. This is to say that it’s important to do your own research before buying in. Earlier this month, Roy A. Franklin was appointed to the Board of Directors. He is an individual with over 45 years of experience in the energy industry and has extensive experience in multiple private and public companies."
Quote Source: 7 Top Penny Stocks to Watch Right Now With Big News
Plug power renewed interest on the stockIt seems to be back a great interest by corporations on the title Plug Power.
the advisor Marketmiracle has generated an input signal at the price of 29,96 usd with a target of 56,25 for a potential profit of 87,78%.
That would be a really good goal to achieve....
So I decided to analyze the graph and what immediately jumps to the eye from the indicator Mmiracle Viewer is that it seems that a strong interest in the title by corporations has returned ( or presumed such ) While institutional investors after helping to sink the stock in recent weeks are now at the window, maybe even for them is returning the desire to return to buy.
For when the price action this is definitely interesting and based on what I see on the chart and the data of marketMiracle I would expect a move as I designed... let’s see if it really will.
Personally I will try to take positions on the stock as soon as I have of the available liquidity in order to try to take advantage of the movement that could happen.
This idea is based on a signal generated by the advisor Marketmiracle, down on this page you will find the link to the page of signals of the advisor that you can see for free without any cost or registration
USEI IS MY STOCK PICK OF THE YEAR #BLESSEDPIPS MY STOCK PICK OF THE YEAR USEI - U.S ENERGY INITIATIVES CORPORATION IS AN ENERGY COMPANY. THE COMPANY IS ENGAGED IN DEVELOPING AUTOMOTIVE AND HYBIRD FUEL SYSTEMS AND TECHNOLOGIES. USEI IS ALSO A CANNABIS CORPORATION. DO YOUR OWN RESEARCH AND BUY/HOLD WITH YOUR LIFE.
#BLESSEDPIPS
Energy - ARCHModel has given entry signals for Arch Resources:
- Arch Resources, previously known as Arch Coal, is an American coal mining and processing company. The company mines, processes, and markets bituminous and sub-bituminous coal with low sulfur content in the United States. Arch Resources is the second-largest supplier of coal in the United States, behind Peabody Energy.
- We expect a boom in the energy and industrials sectors, due to an increase in global industrial output to meet initiatives.
- We are very excited about opportunities in the energy and commodities sectors, as we believe a macro turn is approaching in the nearest future.
- Technically appears to be rising to the top of its channel, after testing channel support with a spring.
GLHF,
DPT
Disclaimer:
We absolutely do not provide financial advice in any shape or form. We do not recommend investing based on our opinions and strongly cautions that securities trading and investment involves high risk and that you can lose a lot of money. Loss of principal is possible. We do not recommend risking money you cannot afford to lose. We do not guarantee future performance nor accuracy in historical analyses. We are not registered investment advisors. Our ideas, opinions and statements are not a substitute for professional investment advice. We provide ideas containing impersonal market observations and our opinions. Our speculations may be used in preparation to form your own ideas.
Energy sector is going to be hot soon Oil companies still have room to continue rising and continue the trend that began at the end of October last year. After they reached a peak as of March, they have been on hiatus, but this, from my perspective, will not last long and we will see a continuation of the trend soon.
Likewise, I see it likely that oil prices will continue to rise in the following months until they reach at least $100 per barrel.
The oil companies with the lowest prices tend to rise the most, although a good way to capitalize on the trend would be to go for a leveraged ETF for the entire sector, such as GUSH.
Energy Transfer announced their merger with ENBL Worth $7BillionEnergy Transfer announced their merger with ENBL which overalls net worth was 2.7 Billion.
Rumors said it was completely undervalued as a company.
ET purchased them for $7 Billion.
Making the stock price of both of these companies undervalued.
by iCantw84it
Halliburton HAL Potential Rise
Crude oil prices made a dramatic comeback from the April's 2020 low which supported the oil stocks significantly.
Crude oil has been trending higher since last April’s low. The higher the price climbs, the more the global industry will require oil services.
A continuation of higher petroleum prices should support gains in HAL.
HAL has violated the downward sloping channel's upper boundary in an indication of the bulls' control.
It seems that HAL is heading to $21.75 - $22.40 respectively in a correction of the downward move witnessed through the declining channel.
Halliburton Squeezes Toward a Breakout as Oil RalliesEnergy is coming to life again as the economy reopens. Let’s take a look at oil-field service provider Halliburton, which has a few interesting chart patterns.
First is the downward-sloping trendline running along the highs of March and April. HAL closed above that resistance yesterday for the first time.
Second notice the tight range on the weekly chart, with a bullish inside candle last week, which it’s now escaping.
Next, HAL’s MACD crossed to positive yesterday.
Finally, consider how the stock has completed an ABC correction since March.
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