OEG Insider BuyCEO 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
OEG
OEGOrbital 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.
OEG Orbital Energy increased Institutional Ownership 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 LLC by +326.9%
Morgan Stanley by +134.2%
Vanguard Group Inc. by +17.7%
Morgan Stanley by +84.4%
My first target is the 4.5 resistance from which can skyrocket
$OEG WATCHING for ENTRY TARGET @ 4.33WATCHING 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...
OEG - Standing Strong and Clear 💪🧽-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 to be completed over the next 4 years for TEC of Jackson, Inc., dba: TEC (TEC).
-GTS started the first engineering phase of the Project in April 2021 with construction slated to start in June 2021. And the project is being funded with both private TEC capital and from the Federal Government’s Rural Digital Opportunity Fund (“RDOF”) for rural fiber buildouts.
-The RDOF extends the Federal Communication Commission’s Connect America Fund and will provide $20.4 billion in funding over a 10-year period to support broadband networks in rural communities across the country. This partnership between TEC and GTS creates one of the first RDOF rural builds to be started in the United States.
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OEG: Bullish FlagTuesday & Wednesday will be critical for bullish flag play.
Decreasing volume during formation.
Waiting for:
- MACD confirmation
- 2nd Golden cross formation
OEG daily EQ right below two key monthly resistance levelsOEG daily equilibrium below two monthly resistance levels 9.42 & 9.88 (blue levels are monthly gold is daily levels)
$OEG - alternative way to look at itTo 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 reason chart patterns work is that they are self fulfilling prophecies. Others are all looking at the same patterns and entering or exiting based on rules that everyone agrees on. Just food for thought on a Friday.
As always, not investment advice. Just things I have learned along the way.
Have a great weekend!
$OEG - Still waitingConsolidation 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.
$OEG - Consolidating NicelyThis guys looks good for a move higher. Took a starting position. Low float stock, could move quickly once it breaks out.
Long | OEGNASDAQ:OEG
Possible Scenario: LONG
Evidence: Price Action
This is my idea and could be wrong 100%