🛢️💹 LBRT Analysis - Fueling Growth! 💡🚀🚀 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 Foundation.
Commitment to strategic investments in technology and infrastructure.
📈 Trade Outlook:
Bullish Sentiment: Suggested entry above the $17.50-$18.50 range.
Upside Target: Set in the $28.00-$30.00 range.
🚨 Note: Market dynamics may influence outcomes.
Fueling the future! ⛽📈 #LBRT #StockAnalysis #OilAndGasIndustry 🌐🔥
LBRT
SHORT $LBRT: Corrective Wave Impulse Target Much LowerLong 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 trader, but it has been a while since we've stopped in on LBRT; It has fallen further & further behind $HAL Halliburton - which is the safer and better-investing choice in the $USOIL and field speculation sub-niche.
Best,
BDR
$GUSH Moon: Silly HIGH ROI looms as real possibility in this ETF$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. Liberty gained 6+% while $GUSH was +5.8% on the respective entrance points. Liberty provides a certain steady gain in cyclical fashion while the leveraged ETF hedge fund is basically a double BULL horn to the status of a world torn between two exclusive outcomes: COVID hotspots while a vaccine looms in the very near future. $USOIL has had its uncertainty and was fighting 40/bar. resistance for the last several months, But that, too, appears to be coming to its end, and the possibility that crude climbs 45 per barrel before the "holiday season" is still fully within the play.
Good luck whatsoever your plans, but I have shortened my interests to two positions, both mentioned here- LBRT and GUSH.
There is an off-chance of re-entering a position on Halliburton but a 14.2 entrance point isn't exactly enticing - just feeling the pulse of $HAL. As it is.
VIVA GUSH. Liberty may match it growth wise for a while, but GUSH is a leveraged fund that will payout nicely in a bull run for oil..t. Two positions I AM VERY LONG ON, but one chart here, just $GUSH. It's the attractive ETF that is about to re-peak, return, to high levels already realized within the last six-months.
Adios.
BDR.
Note: See related idea from the day this position was first entered.
Liberty $LBRT falls past first previous low stop; SUPPORT?!$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 isn't your play.
See also the related idea wherein these entry points were first charted (more of a Proof than any reason to really read it - most of the same things were just said here, but it's an update).
HAPPY TRADING, Bears & bulls!
(I am a bear today anyway)
-BDR
Could LBRT re-test Lower regions? Target Entry-Points (BEARISH!)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 LONG after that.
It has failed the support a VERY strong trade channel previously established - that said, **many** positions are showing similar trends so it's tough to ignore the overall action in the markets.
6.44 and 5.61 are NOT inconceivable with an overall market crapping, at least not in this trader's opinion. Even at that type of nadir, the target would still be 9+ on an (eventual) recovery.
-BDR
Liberty LBRT showing enough strength thru COVID Correction "SZN"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 many buy-points on oil and oil-related stocks that have just sprung up in circular and cyclic fashion as always.
Pitting these charts together does tell a story.
See also, related idea Re: OIL vs LBRT's potentially GOOD earnings report!
-BDR
Liberty $LBRT reports Earnings Tues. But $USOIL Is Bed-crappingA 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 enact a short-repositioning depending on how the overall market responds today to some ominous signs in future's (oil commodity especially) trading.
GL and what-not!
-BDR
Liberty $LBRT Trade Channel Places Target at 10.44Liberty 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 Trading!
-BDR
$USOIL passes 43/bar; Is 45 Next, or is there a retrace coming?$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 remainder of the trading week.
Keep an eye on the 45/bar mark, because that could mark a definitive recovery-point, a benchmark, for the oil giants. The oil-related stock's correlation to crude prices is there - but the timing is never as easy to guess. All systems should be go, and entry points are still available w/in reason on many crucial oil stocks - LBRT is now this trader's top holding for the time being.
HAPPY TRADING!
-BDR
Liberty $LBRT Traces top Fib @ 6.7; Upside Looms Higher- LONGNow 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 strong (through the first half of Wednesday's trading).
Fib retracements show a sell-point @ about 6.7/share--but this, like the play on Halliburton is going to be a longer-swing than that. The eventual hope is that annual highs are realized within the next 5 to 10 months, with that window being generously huge simply due to the fact COVID itself is dictating so much; with so much of that predicated on the unforgivable whims of human behaviors. This trader will wait until $LBRT is closing in on 10 per share. The exact sell-point can thus be calculated at a later date...
Even so, the realization of a **HIGHER ROI** is there with Liberty (compared to $HAL); it could still be 60+%, whereas HAL's remaining correction is more along the lines of 30-40%.
Both make nice plays, though this was supposed to be devoted to Liberty explicitly. The sector of the economy is strengthening and the comparison (between similar companies) is worthwhile, even so.
HAPPY TRADING!
-BDR