CEO of Orbital Energy, James F Oneil, bought 111,000 shares of OEG on 12/10/2021 at an average price of $2.69 a share. During 2021 his insider buys were more than 1.2Mil! The price is now $2.26, so you can buy the stock cheaper than him. On 7/26/2021 Alliance Global Partners brokerage Lowered the Price Target for OEG from $15.00 to $12.00
Orbital Energy Group Inc (NASDAQ:OEG) deserves some attention as a potential bounce candidate. It is recovering from its bottom with MACD & Slow Sto moving upwards. If the stock holds above $2.87, the price may rise to the 3.52-3.7 range in the short-term. I have been accumulating this stock. Tremendous potential imho.
On 7/26/2021 Alliance Global Partners brokerage Lowered the Price Target for OEG from $15.00 to $12.00 It`s interesting to see how this month only the institutions increased their ownership in the company with 22mil. Some of the Companies that reported increased ownership in Orbital Energy this months are: Increased ownership in Millennium Management...
WATCHING for ENTRY TARGET 4.33 I really do seem to like to trade Energy companies. It's quite a fun sector... just watching for now... no position...
-The stock price of Orbital Energy Group Inc (NASDAQ: OEG) increased by over 39% pre-market. Investors are responding positively to Orbital Energy Group announcing that its recently acquired subsidiary Gibson Technical Services (GTS) has been awarded a project for approximately 700-miles of engineering and construction turnkey services across Central Mississippi...
Not too much to go from but its something.
OEG BREAKOUT DAY BNGO 2nd day of breakout.
Tuesday & Wednesday will be critical for bullish flag play. Decreasing volume during formation. Waiting for: - MACD confirmation - 2nd Golden cross formation
OEG daily equilibrium below two monthly resistance levels 9.42 & 9.88 (blue levels are monthly gold is daily levels)
To prove my point that there is more than one way to look at a stock. Some people may be playing with the level of this yellow line. A break above it would be a buy signal for some. A break above my consolidation from the previous post would be a buy signal for others. The trick is...which do you think is more valid? What are other traders looking at? The...
Consolidation still valid. I am in. Waiting for a break higher. 1: You could enter now 2: You could wait for the breakout 3: You would wait for the breakout, then a retest to confirm new support. Always more than one way to play a stock. Just depends on your own risk tolerance.
stock chart review 2/11/21
This guys looks good for a move higher. Took a starting position. Low float stock, could move quickly once it breaks out.
Gamestop Virgin Galactic OEG
NASDAQ:OEG Possible Scenario: LONG Evidence: Price Action This is my idea and could be wrong 100%