🚀 Expansion Plans: Liberty Energy NYSE:LBRT : Provider of hydraulic services to the oil and gas industry. Ambitious plans to double capacity of Liberty Power Innovations business. Aiming to shift 90% of fleets primarily to natural gas by end of 2024. 🔝 Key Drivers: Strategic transition as a key driver for future growth. Launch of the Bettering Human Lives...
Long puts on $LBRT. Corrective impulse is not finished: Strong resistance @ 10+; LONG PUTS: stop-loss @ 12.5 or even 12.3; expecting a massive trace-down that could see LBRT sub-8, or sub-7, by the conclusion of the second quarter. This is not trading advice, but it is purely speculation on the long-term behavior of LBRT. This is a much-revisited stock for this...
$GUSH has so much latent potential in a healthy economy and is a top ETF in any energy investor's choices. To call a previous annual high back to reality would bring a rapid gain to all positioned in this ETF which is managed by Paul Brigandi. He basically put a package (assembled) today that *nearly* matched one of the emerging stocks in the oilfield arena:...
$LBRT re-tested a previous trough @ 6.44. It found some good support at that line, but it is now starting to dip below it. We are thus targeting 5.6/s as the rough area for it. Considering a top out was previously called at 10.44... this is a 100+% ROI on a mega-long-swing. That said, be patient w/ entrance and also with exit -- if you like "quick results," this...
Liberty and the oilfield industry is taking a hit: This looks at two previous dips that could be realized soon. We will be watching to see if LBRT gains support at any junctures and figuring out some support lines later in the trading week. This is mostly a willfully cautious projection of two dip points that would make GOLDEN entry points to $LBRT to swing a...
Liberty has been rising while OIL has found a massive resistance over 40/bar. In the period oil has traded sideways, $LBRT Has rose: This is an overall very good sign. Ultimately, the oil must return to 60+ per barrel but it is nowhere close, and the entire oil trading industry lingers in this cesspool created by a pandemic, a scare of impending crisis - and...
A great earnings report by Liberty may be mitigated in effect by $USOIL falling below 39/bar as of just before this week's market opening. The overall weakness of oil could cap any rises LBRT may have incurred from a potentially good earnings report. That's a thought, anyway. There is nothing else to add to this. LBRT is down pre-market and it might be a time to...
Liberty has traded on a wide channel since exiting its March low. The high-upside, exit-point that we are targeting is 10.44 on this swing. With LBRT trading at 7.8 right now, this should represent roughly a 33% ROI on a rather patient, long-term swing. Always do your own research. BDR is not infallible nor a guru: These are ideas; not advice. Happy...
$USOIL has struggled for obvious reasons, COVID. However, it climbed 43+ today and is mildly hyperbolic. It would be surprising to see no retrace under 43, but in the moment, indications are the 45/bar mark could be sooner realized than previously thought: This should impact the oil giants, and personal pets $HAL and $LBRT, quite positively throughout the...
Now is a good time for those waiting on COVID oil corrections: LBRT fell below 6 per share last week, and it provided a GOLDEN ENTRY POINT for the Long now en progress. Oil is 43+ per bar. and most oil commodity traders are LONG on $USOIL -- the same logic applies to Liberty Oilfields. Expect the real gains to follow the rest of the week with oil starting out...