Enegry Sector Continues to Wedge, Expect Short Term BreakEnegry Sector Continues to Wedge, Expect Short Term Break Of Support
VDE trade ideas
VDE $VDE Initial ShortVDE $VDE Initial Short. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
VDE closing the gap? VDE tracks a market-cap-weighted index of US energy companies. The index includes those companies deemed investable by MSCI and covers 98% of the market.
$VDE Energy Sector Profit Taking/Profit Protection TimeAs the energy sector is heating up, it could be time to start locking in profits or raising stops to protect profits earned from the recent run up
Energy more then likely will continue the overall uptrend in the long term as it works it way back towards its 2008 highs however from the recent short term high as the sector has run into a major resistance area over the past few years and increasing by nearly 40%+ since the start of the year to run into this area, it could just as easily pull back a big part of this move before it could be ready for the next leg higher
Long-term trend - Clean EnergyVanguard energy ETF VS Clean energy ETF. Feel the difference.
In the update you will find the wave structure of the clean energy ETF, still a lot of upside to come!
Confirmed Bullish Pennant breakoutVde opened today confirming a bullish pennant that has formed look for the price to go to $72
Vde might just be heading upVDE is going through a Fibonacci time zone on January 25 I see the ETF recovering up to $59.36 on January 29 before dropping to the $56 area where the confluence zone is.
VDE is going down to $45 areaLook for a bargain on VDE there is a possibility that it could go down to $45. After that it has potential to go to $55 in 1-2 weeks.
request for VDE from a buddy on trading view. I would look to get out around 47.30$ maybe even a bit lower , not sure what your target was
this analysis is personal opinion , in no way it's a professional guidance for a particular position. I do wish you luck, sounds like this one will be a great winner for you :))
what's your vision on it, where do you think you will actually get out?
sometimes its best to walk away with 75k then to dream of a 100 and then end up with 50 lol , which isn't bad also
for - @Stockmaniac55
VDE still hasn't broken through 200 day moving averageInvesting in VDE now could give you more profits, but investing now doesn't gurrantee anything. Still would wait until breaks through 200 day moving average of 69.80.
VDE on support. Next move is tellingVDE on support. Next move is telling. MACD fallen below support. looks to be the direction, but we will see.
VDE monthly - good time to long energyI would like to see a stronger RSI and a 6/10 MA crossover. But I am mostly certain the trend has turned up.
Vanguard Energy ETF HigherVDE's weekly candle was also a strong bull that closed above the 50 EMA...many signs pointing higher!
Long EnergyWhile a bit premature, a tactical long position in VDE with a tight stop makes sense. IF Energy is making a lower-intensity higher-low then it may turn around these levels. Stop is tight because the ST downtrend has not been broken yet. Risk/Reward is compelling.
VDE monthly - we will know the direction in JuneIn June 2010, after 50% retrace it bounced strongly and gained 66% in the next 10 months. Is it in a similar situation today? we will have to see how it behaves in June.
VDE weekly - trend changed - 4/22/2016VDE broke out strongly this week, ended its down trend and started its up trend. There will be pullbacks and can be buying opportunities.
VDE weekly - a small breakout - 3/14/2016MACD broke out, RSI rising channel formed. and price is breaking out of the channel. A pullback from here is reasonable but a continuing rising RSI may signal a strong breakout in coming weeks.
VDE - bottoming - 2/19/2016Comparing with 2008 bottom process, 2016 so far has similarly diverged RSI and MACD. This may indicate a bottom might be in. Will need breakout to confirm.
VDE update - pullback from resistance - 4/17/2015Pulled backed logically from red resistance. Nothing is concerning at this point. We will what it brings next week. 10 MA, RSI and MACD all healthy. Will be concerned if pink line and 10 MA gets taken out.
