GPOR has broken out to the downside of an ascending wedge with the trendline going back to the start of February with bearish RSI divergence. Entry on break or retest of support. Stoploss at last swing high and will be moving SL to BE when safe to do so. Happy trading.
Hello my friend | Welcome Back. Please support this idea with LIKE if you find it useful. *** It may rise to the upside if the support is not broken, so take care and caution. It may drop because it is a very weak support. *** Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken...
Hi there. Price is forming a reversal pattern to change its direction. Watch strong price action at the current price for buy.
Great Portland Estates, a prime office REIT from UK, seems to have now completed the intermediate wave 2 up, after a zigzag minor ABC pattern has completed. Prices should follow a long downward path to new lows. This scenario will be void if prices crosses up 756. FOLLOW SKYLINEPRO TO GET UPDATES.
We changed the wave count pattern of GPOR.LSE as it crossed the line at minor B. It is now tracing intermediate wave (3) down what should bring prices below wave (1) and with a good strenght in the move. There is an alternative scenario where this is the final stages of a minor B of an ABC pattern, in this case prices could go up in wave C. In the next days we...
Great Portland Estates is the UK REIT that owns the best office properties in Class A cbd markets of London. The price structure suggests that it will start minute wave 4 down before going up tracing minute wave 5, the last lag that should complete Minor wave 5 of intermediate wave 1. If this scenario persists price should increase 7% in the next two days, before...
Symbol: GPOR Dates: (No Entry at this time) Position: +0Long Entry : $3.32 Price Target: $3.62 -> $4.72 Stop Loss: $2.36 R/R: 1.32x Notional Risk: $0 Technical: Trend reversal. RSI divergence on the weekly. Triple tap support at $2.30-$2.40 after rejecting going below historical low trend line. Did a bit of testing on simple RSI strats on GPOR and it's kind of...
GPOR Seems breaking out forming a pennant formation. Twiggs money flow is accumulating and it has some insider buying. Overall looking good as a long setup.
Gulfport Energy Corp. is an independent oil natural gas exploration and production company. The company focuses on the exploration, exploitation, acquisition and production of natural gas, natural gas liquids, and crude oil in the United States. Its principal producing properties located along the Louisiana Gulf Coast. The company was founded on July 11, 1997 and...
best ER, buyback going on and sentiment is super -ve. Wait for few weeks and huge rally will spike up. This is Gas company. Oil still has some chance to come down with china trade speculation. But Gas is already bottomed.
can rebound at any time
Any wedge break pattern will lead to 10 in no time.
If NASDAQ:GPOR escapes $7.20 & green area, then it could be a good place to long for upcoming earnings on May 2nd. Past two earnings reports have been ~60% beat, that doesn't mean this time will be the same but I'd wager there's money to be made from long positions. Negative side: weakening natural gas outlook by most analysts. Thanks for visiting.
With section 232 Uranium tariffs around the corner, natural gas is lining up perfectly for an event-driven opportunity to get long!
As you all know by now, I believe this is an event-driven outcome due to section 232 tariffs on Uranium. The decision will be made in April with a high probability it is passed. The blowback is likely higher electricity costs from Nuclear, natural gas is an alternative base load energy.
After solid earnings, SWN just started moving up within the last few days with the price of Natural Gas. The stock is trading at an extreme discount to other Natural Gas Companies. Looking at the Weekly Chart... (We are not day traders) Accum/Dist - Trending Up - BULLISH On Balance Volume Trending Up - BULLISH Stochastics Trending Up, Just Crossed the center...
As our Followers know, we've been in and out of Southwestern Energy. Today, we opened up another somewhat large position because we feel SWN is a better company, and financially stronger, than when the stock was trading at $52.82 back in 2010. Looking at the charts... Daily, Weekly and Monthly Monthly Chart - Stochastics, RSI and MACD are turning up -...