KMI
Kinder Morgan to find support at swing lows?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 17.97
Resistance: 17.00 / 17.60 / 18.00
Support: 16.50 / 16.00 / 15.80
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Looking for Kinder Morgan dips.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 17.97
Resistance: 17.00 / 17.60 / 18.00
Support: 16.50 / 16.00 / 15.80
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Fading into KMI double top.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 growth.
Our profit targets will be 18.11 and 17.71
Resistance: 18.80 / 19.35 / 19.70
Support: 18.45 / 18.20 / 17.85
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
KMI: Fib might push it further down!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 advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
EQT Flare-Off Top Somebody tell Toby Rice Sell Them SharesWhat 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 flock to graze on the common field. If everybody does act in their apparent own best interest, it results in harmful over-consumption (all the grass is eaten, to the detriment of everyone)
Popular support for alternative energy has been very high for years. But it harms corporate profits.
The top is near for the fossil fuel energy mini-cycle, demand destruction will be the narrative this summer
KMINat 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.
KMI Symmetrical Triangle Breakout 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
KMI - Kinder Morgan Swing Trade
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, expect major energy usage and KMI to go up from this more than fair price.
RSI is showing now is an ideal entry, and Squeeze Indicator is showing good upward momentum
KMI LongI am new to trading and am just testing out ideas. Please let me know if I can make a more detailed analysis of this.
Oil Playbook ( 2021 )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 fall since travel is still lagging. However, exports have recovered and circling back, the -20% discount in crude prices indicate the market is fundamentally balanced given the uncertainty.
Production
2019 Average: 12,197
2020 Average: 11,318
%Change: -7.76%
Stockpiles
2019 Nov: 1,918
2020 Nov: 2,003
%Change: +4.24%
Consumption
2019 Average: 1,070
2020 Average: 916
%Change: -16.81%
Exports
2019 Average: 8,471
2020 Average: 8,407
%Change: -0.76%
Trading Strategy
Swings in the dollar index are primarily moving prices so this will create the trading opportunities in the near term. Get ready.
There is a momentum divergence on the DXY daily chart and the RSI has some room to run.
Crude prices have reached a resistance level.
If the Dollar index does start to rally then crude prices are going to waterfall. Best to wait for a decisive candle closing below the 10 day EMA before making a short trade.
Trading is risky. Don't do it.
Long oil/gas producer equities
KMI, LUKOY, EQT
Oil Bears in for a Crude AwakeningDon'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 failed, it seemed a retest of that trendline was inevitable.
Prices bounced right back up to a macro fib retracement level (@ $40) as they often do, like a magnet.
Then after it failed at that fib level and retested that trendline again, I noticed a potential tricky oil move playing out: the head and shoulders fake out.
Now here we are breaking $40.50 and the 50 Week EMA. Although I have been buying oil stocks on these dips I am not trading futures just yet until prices can stabilize above $40. Eventually, I'd like to see a weekly close above that 50 week EMA and then start buying dips on the 1 hour chart all the way up to the 200 week EMA at $51.50
The MACD on the monthly chart is showing a nice divergence and as always, I'm keeping an eye on that macro Fib retracement level at $40 as the pivot point.
Trading is risky. Don't listen to my advice.
Long LUKOY, KMI and buying dips
LONG KMIExpecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
Kinder Morgan (KMI) long.All description on the chart.
Please, don't forget to like and follow.
Thank you.
Kinder Morgan (Level)KMI is getting towards it's resistance level waiting for a breakout if it continues past it could be resemble a bullish outlook.
KMI Bottom to Platform at Q3 EarningsThis 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.
$KMI possibly breaking out on the Weekly KMI weekly look at some Fib High and low and low to high Retracment measures. I have also identified previous resistance
THE WEEK AHEAD: IBM, SLB, KMI EARNINGS; XLU, SMH, IYR, EWW, VXXEARNINGS
The earnings on tap aren't looking very enticing to me, as I generally look at getting in on these where the implied volatility rank is >70% and the background implied volatility is >50%. However, they might be worth watching running into earnings to see if implied ramps up.
KMI (implied volatility rank 79/implied volatility 30) announces earnings on the 17th after market close. The January 19th expiry's implied volatility is at 40%, with the 26th's at 31.4% (a 27.5% potential contraction). Given the underlying's price, it's probably best to go short straddle. Unfortunately, the Jan 19th's 19.5 short straddle isn't paying much -- .70 at the mid, with break evens clear of the expected move. Given what that's paying, a defined risk play won't pay.
IBM (implied volatility rank 93/implied volatility 26) announces on the 18th after market close. January 19th's implied's at 43.2; the 26th's at 31.3 (38.0% potential contraction). The January 19th 157.5/170 short strangle (23 delta) is paying 2.30 at the mid; the 152.5/157.5/170/175 iron condor's only paying 1.49 (<1/3rd wing width), so would probably pass on a defined unless implied volatility frisks up running into earnings.
SLB (rank 100/implied 27) announces on the 19th before market open. January 19th's implied is 35.4 vs. Jan 26th's of 27.9 (26.9% potential contraction). The 19th's 76/80 short strangle's paying 1.07 at the mid. Defined -- not worth it.
NON-EARNINGS
Another area in which implied volatility rank makes potential plays look promising, but where background implied volatility isn't up to stuff. Currently, there are no exchange-traded funds whose implied volatility rank is in the upper one-quarter of so of where it's been over the past year and where background implied is greater than 35%.
For what it's worth, though, here are the top ones: XLU (73/15), SMH (59/23), IYR (57/14), and EWW (51/24).
VOLATILITY PRODUCTS
Recently I've been working VXX* in two ways: (1) "price agnostic," where I enter either a long put vertical or short call vertical when the next weekly expiry open on Thursday or Friday; and (2) on pops where the VXST/VIX ratio is >1.0 (the higher the better). Unfortunately, it's tough to forecast a pop (although I've seen people repeatedly make the attempt), so you just have to set up an alert to trigger on a VXST/VIX ratio print of >1.00 or a VVIX print of >110 and keep powder dry for when it happens.
* -- I've been waiting for UVXY to reverse split on the notion that a 1/2 strike of movement in an 8.67 (UVXY Friday close price) underlying is somewhat more of a heavy lift than a 1/2 strike of movement in a 25.85 one, even though UVXY is leveraged.
Looking for a KMI Short before Earnings. Based off of price action and the increased volume. I am expecting to kmi drop after earnings.
