Kinder Morgan - 24h expiry - We look to Buy at 16.11 (stop at 15.44) 16 continues to hold back the bears. 16 has been pivotal. Dips continue to attract buyers. We are trading at oversold extremes. Early pessimism is likely to lead to losses although extended attempts lower are expected to fail. We look to buy dips. Our profit targets will be 17.77 and...
Kinder Morgan - 30d expiry - We look to Buy at 16.11 (stop at 15.44) 16 continues to hold back the bears. 16 has been pivotal. Dips continue to attract buyers. We are trading at oversold extremes. Early pessimism is likely to lead to losses although extended attempts lower are expected to fail. We look to buy dips. Our profit targets will be 17.77 and...
Kinder Morgan - 30d expiry - We look to Sell at 19.25 (stop at 19.71) Levels above 19 continue to attract sellers. Levels close to the 78.6% pullback level of 19.25 found sellers. 19.33 has been pivotal. The previous swing high is located at 19.36. Posted a Double Top formation. Preferred trade is to sell into rallies. This stock has seen poor sales...
Kinder Morgan Short Term - We look to Sell at 17.96 (stop at 18.55) The medium term bias remains bearish. Levels close to the 50% pullback level of 18.00 found sellers. Further downside is expected. Preferred trade is to sell into rallies. Our profit targets will be 16.55 and 16.00 Resistance: 18.00 / 19.00 / 20.20 Support: 16.50 / 15.80 / 15.00 Please be...
What Is Tragedy of the Commons? The tragedy of the commons is an economics problem in which every individual has an incentive to consume a resource, but at the expense of every other individual—with no way to exclude anyone from consuming. Initially it was formulated by asking what would happen if every shepherd, acting in their own self-interest, allowed their...
Nat Gas looks to be entering a LT bull Market. Kinder Morgan is a huge Nat Gas corp. I'D say they will perform very well into the strength of the Nat Gas bull Market. Dips around $16.55 could be a buy if that price holds as support.
Trend, Momentum, and Volume indicators are pointing bullish - KMI looks like a laggard in the oil sector prime for a breakout Entry - Now ($18.00) 1st Target - ($19.00 - 1$19.15) Stop $17.50 Second target $22.50
Kinder Morgan, is one of the largest energy infrastructure companies in North America. The company specializes in owning and controlling oil and gas pipelines and terminals. Kinder Morgan owns an interest in or operates approximately 85,000 miles of pipelines and 152 terminals. As winter approaches, supply chain issues begin to resolve, holiday season is near,...
I am new to trading and am just testing out ideas. Please let me know if I can make a more detailed analysis of this.
Prices for Crude Oil are down -20% from last year which means the bearish outlook is priced in. The bearish outlook is that the -16% drop in consumption outweighs the -7% drop in production plus the 4% increase in inventory stockpiles. Bulls want to know if demand has bottomed or not and since consumption tends to be highest in Jan-Feb, it might have further to...
Don't get excited just yet. The only certainty in the oil game is it's not for the faint of heart and right now, the bears are getting crushed. Now that prices are gearing up it looks like it's time to make a new plan. Before I do let's recap the last one. Previously I had noticed a particular trendline that prices broke out of in early August. As that breakout...
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KMI is getting towards it's resistance level waiting for a breakout if it continues past it could be resemble a bullish outlook.
This is a bottoming formation that has been in a platform pattern after completion of the bottom in July. Shift of sentiment occurred in April. Quiet accumulation patterns are present from May through early July but are not present at this time. The stock had some down days but remained within the range of this platform. HFT gap potential if earnings surprise.