NYSE:HES Technical Analysis of Hess Corporation (HES) Key Observations: Current Price Action: Price: $137.31 Recent Drop: -12.94 (-8.61%) Support and Resistance Levels: Immediate Support: $135.95 (Bearish Line) Further Supports: $129.00 (Target Price 1), $113.82 (Target Price 2), and $100.86 (Target Price 3) Resistance: The price recently broke below a...
HES weekly bearish hammer at all time high had to take this one.
This post is in response to the @TradingView long short competition. For the competition, Trading View asked users for their best pair trade idea for the given market conditions. My entry is long HASI and short HESS. Many of you may already be familiar with HESS corporation. HESS is an oil company that engages in the exploration, development, production,...
Breakout on dominant trend line Can be seen to move out of resistance in red
BTC reacts to H&S a lot, will it react again?
HES shares test massive bear range trigger. The future is binary and important for this stock. But if the world realizes the presence of a global policy force in the oil market is a good thing, a whole lot of shorts are likely to get burned.
Hess Corporation is currently at a key level. Breaking this level could trigger more than 20% down. My PV is about $67 but as you can see was already there, so I would wait for some opportunity around $42. Wish you the Best! Learn how to beat the market as Professional Trader with an ex-insider! Have a Nice Trading Week! Cream Live Trading, Best Regards!
- MACD Timeframe Indicator (12, 26, 9) Hourly and Daily Timeframes showing bullings patters as both are > 0 and MACD > Signal Line - Ichimoku Indicator pointing higher with Kijun Sen above the Kumo Cloud and Price above the Kijun Sen
HES Daily Chart has an RSI hovering around the 60-support level. HES Intraday chart, look for bullish price action with Kumo Breakouts for entry (1 min, 5 min, 15 min)
Price continuation through the Ichimoku Cloud on the 1-hour chart on HES. Tenkan-Sen above the cloud and above the Kijun-Sen. Look for oversold signals on the Stochastic for entr [ /image]ies or support along the Cloud
With a dwindling earnings calendar and some buying power to put to good use, I'm looking to go where the IVR/IV takes me. With an IVR of 74 and fairly decent IV of 43, HES popped up toward the top of the Dough "Notable Stocks" grid (sorted by IVR). Here's my set up: Dec 24 51/68 Short Strangle POP%: 75% Max Profit: $150/contract BPE: ~$597/contract BE's:...