$USWS - A Cleaner Way To FrackAnother oil play. With a slightly greener way to frack in the spotlight.
U.S. Well Services, LLC, provides high-pressure, hydraulic fracturing services in unconventional oil and natural gas basins. Both our conventional (diesel) and Clean Fleet® (electric) hydraulic fracturing fleets are among the most reliable and highest performing fleets in the industry, with the capability to meet the most demanding pressure and pump rate requirements in the industry.
Considering the Russin oil embargo, this company should receive positive gains from companies needing equipment to frack heading forward. They also have a cleaner model that may be attractive to drillers.
The company cut a new deal as recently as a week ago. "Olympus Energy, U.S. Well Services finalize electric frac contract"
"“At Olympus, we actively seek out opportunities for improvement. The commitment to USWS’s Clean Fleet technology is a prime example of the team’s continuous efforts to reduce our environmental footprint, increase operational efficiency, and lessen any potential short-term impacts for the communities where we operate,” Mike Wahl, Olympus senior vice president and COO, said. “We’re proud to announce this partnership with USWS and to leverage their leading technology into our 2022 development program.”
The fact that USWS has moved toward a cleaner model will be attractive to investors in these drilling and fracking companies.
Fracking
VNOM BIDEN ClampOil Looking Good again under Biden Admin Regulations to drive price up. keep thing a bit tapered down. good for overall energy sector for now.. until.. he unleashes Iran back onto the market sending price back down..
well hoping he has more on his to do list then cozying up with our Enemy. maybe oil reaches 60. looking for pullback to MA then a move to hopefully break to 14.50.
CNX - Is downtrend coming to an end or continuing?CNX has been in a downtrend since August but it's coming into major support at $8.35.
It has also been consolidating since early this year. Consolidation = energy.
The longer the consolidation, the bigger the energy released will be to the northern or southern direction. Cannot predict which way the energy will be released.
Trade setup 1 (long): Break and retest above $11.30.
Trade setup 2 (long): Bounce off strong support @ $8.35.
Trade setup 3 (short): Breakdown and retest below $8.35. Next level of support would be $6.40.
I noticed this is a very volatile stock. I can see why people are interested in it. Even if price bounces off $8.35, it will be coming into resistance at $9.28, then around $10 area, and then major resistance at $11.29.
It has a lot of work to do to become bullish in my opinion. To me, it's neutral/bearish.
WTI CRUDE OIL (USOIL) 4-HOUR TIMEFRAME SHORTWell today i have some bad and good news. Which one would you want to hear first? I guess let's start with thee crappy news!
I somehow missed a 500+pip bearish move on oil. Like who does that? Anyway, it is not totally a bad thing. Because the good news is that it has created some nice structure in the market on which we can base future trades. My bias on oil is now bearish. Yeah i might seem late but trust me i know what i am doing (even though my profile says i don't). Plus history repeats itself. So let me share how i might possibly enter this trade. Obviously, i prefer to enter on a breakout of the corrective pattern, but it might be good on the price but bad on the timing. Perfect entries do not exist lol. You have to find what suits you. Without further ado, here are the numbers;
ENTRY: 60
STOP LOSS: 63
TAKE PROFIT :57
TRANSOCEAN LTD (RIG) Long TradeLong term position in TRANSOCEAN was initiated on 27.08.2017. The Stop of this trade is below 6, but I am willing to keep this trade as long as needed and possibly to reevaluate stop if necessary. Current Risk/Reward is 1.5. We are betting on the stabilization of oil prices and good chances the oil fracking industry will survive and the best companies will prosper in near future. The macro bet is on rising inflation and possible rise in Oil prices as well. Additional support is the extremely low financial valuation of this company.
Short term target 46, upsloping trend lineBroke out of uptrend with high volume. CFTC showed specs were long, so there is plenty of room to the downside.
Spreads have been weak and option volatility was low before breakout. As it broke to the downside, longs scrambled to protect with an downside puts and panic left option vol to increase by over 6 points.
On the downside, i am looking into the trendline around 46ish.
I would expect a breather there. if it holds, great, but production in the US is up.
Only an agreement between Russia and the OPEc on production cuts could truly turn this around.
Rex to the MoonThe simple fact that rexx is still actively fracking and exploring for natural gas, and managed to surprise analysts with the latest ER is a good sign for times to come. I personally feel that Rex is undervalued. I will be accumulating Rexx and I wouldn't be surprised to see a 2X+ return on that investment within the next couple of years once the pipeline infrastructure, cracker plants, and Power plant projects begin funneling Natural Gas out of the region.
US Silica - 4HR / Daily - LongUS Silica is a Fracking as well as a Solar Panel investment. Silica is used in both.
It appears to be the beginning of a major uptrend. Buy dips / corrections.
