Antero has turned bullish!Antero has made a V bottom platform with bullish momentum finding its way back into this stock. Longer term bullish trade 6-12 months.
0A71 trade ideas
AR is moving upAR is at the buy zone and may be purchased for the short-term on Monday if there would not be a bullish gap at the open. The target area is not defined yet, let's look at the price action around a new high
AR 4 Price Relationships between $2.8-2.64Green: 100% extension of June selloff
Blue: 100% extension of first leg lower of August selloff
Yellow: 50% retracement of move higher from March low
Red: 85% retracement of move higher from June low
*My opinion is the weakest of these price relationships is the 85% retracement, although it is not a 'default' retracement, it is used in Elliot wave. It is interesting to note the 85% retracement landed within .02 of the 50% retracement
Antero Resources Becoming BullishBuying and Selling Antero Resources at resistance and support. The stock price appears to be channeling between the purple lines. In addition, the stock price is moving along the 20ma after a pullback, once the stock price trade outside the upper bollinger band. Purchase between $3 and $3.60. Looking for a $4.50-$6 exit before a reload at the 20ma (in the coming weeks). IMO
The price bottomed at $.70 and ran to +$3 earlier in the year. Consolidated for several weeks and just finished the first leg of the second wave. Taking a look further back, the stock price appears to be making an inverse head and shoulders pattern. Thinking the price could see $8-$10 range heading into winter.
AR - Continuation to $8 possible- We took this trade from the break of the 200 day MA and closed half at the $4 event area for a 1:2 risk reward
- Despite a few red days for most stocks last week AR held its ground well and found support above the $4 price level
- Last week an inside bar was formed and this was broken on Friday by a huge Bullish engulfing candle
- This supports our Bullish Bias and we have re entered the trade looking for a continuation higher towards the $8 or $10 levels
- If you look at this stock on the weekly chart it has a huge amount of upside potential with previous highs of $68 while not a realistic target it gives us a huge amount of previous price action to go by which helps when looking at support and resistance levels.
Antero Ressources on an arch downwards, shortHello traders!
After 3 times Divergence with the MACD and 2 times bouncing off of the 4.25 resistance, I believe that the price of Antero Resources will move back down in an arch-pattern to 2.39 if not even close to the historical low of 0.63. The MACD looks pretty pessimistic and the RSI is far away from being oversold. Since the 50 SMA has worked as support/resistance in the past, I call a short as soon as the price crosses it down.
VF Investment cannot be held responsible for any financial damages suffered from following our well-funded but personal opinions and trading ideas.
Please, maintain proper position sizing and risk management!
Short Term Growth Cup and HandleA cup has already formed a pattern with AR over the last few days. The handle looks to be following the charted path. Could show signs of a future uptrend starting possibly tmro
Short term growth with ARPossible cup and handle that predicted the rise of AR. AR Currently bouncing off a support/resistance point while staying within the squeeze.
$AR Antero Resources +15.8% after-hourAntero Resources (NYSE:AR) +15.8% after-hours despite missing Q1 earnings estimates while revenues rose 27% Y/Y to $1.32B.
Q1 adjusted EBITDAX $244M vs. $443M in the year-ago quarter.
Q1 net prouction rose 8.6% Y/Y to 3.36M cfe/day (68% natural gas by volume), including a 3.4% increase in natural gas output to 2.28M cf/day.
Antero has dropped its rig count to one rig for the remainder of 2020, and its completion crew count will be reduced in May from three crews to one crew for the rest of the year.
Despite the lower capital spend, Antero maintains 2020 production guidance at 3.5B cfe/day, a 9% Y/Y increase.
Antero also reduces its FY 2020 drilling and completion capital budget to $750M, 35% lower than initial guidance of $1.15B, and is targeting positive free cash flow of $175M for the full year based on current strip prices.
source marketwatch
AR 13/48 EMA Golden Cross1 year daily chart, 13 day EMA has crossed above 48 day EMA in a bullish pattern and has continued upward for AR. Good time to buy until death cross. Shorter term cross plays can also be found in 1 month 30 min charts and 5 day 15 minute charts.
Monitor this one - Bullish divergence on weekly chartA bullish divergence is forming with a confluence with price bouncing inside a parallel channel. The elliott oscillator should turn green with minimal time lag between its value going above 0 and price breaking out of the channel. For now i'll stand aside and watch for possible confirmation.
AR short term range trend trades
1.64 was good entry until friday. Trade between ATR 0.18 cents. Natgas in low since 2016, no demand due warm winter and oversupply. Might test 1.6. ER didn´t encouraged. If natgas price drops and hold below guidance no recovery and they have to sell assets, their hedge or somehow find cash.
Antero Resources Corporation ($AR) selling climaxAntero Resources Corporation ($AR) showing volume selling climax (SC). Like to enter into a trading range. Some long opportunities ahead.
List of published scripts:
www.tradingview.com
Right time to short. target 2,75Gas cis still 2,30 about -50% last year price. No China deal yet, its talk, not deal.
Antero Resources, Shorts still in charge for now. Average analysts price target $4.08 | Hold
34 P/e ratio.
High short interest 17%
Antero Resources Corp. is an independent oil and natural gas company, which engages in the exploration, development and acquisition of natural gas, natural gas liquids and oil properties located in the Appalachian Basin. It also focuses on unconventional reservoirs, which can generally be characterized as fractured shales formations. The company was founded by Paul M. Rady and Glen C. Warren, Jr. in June 2002 and is headquartered in Denver, CO.
AR broke was ideal shortI put this picture on my wall, until macd crossed over, 45min scale, and nice profit. FIB extend gave bottom price 2,19$ will see tomorow.
AR where is the bottom this time?2,50 or 2,38$ and when winter rally begin, dont trust magazine headline. Wenday will be cold.
A frigid Arctic blast continues across much of the US east of the Rockies this morning w/lows of -0s to 20s. The cold front will bring rain and snow into the East today, with lows for major Northeast cities dropping into the 10s and 20s the next few nights to aid very strong national demand. A reinforcing cold shot is expected across the Northeast Fri-Sun. The West will be mostly mild and dry w/highs of 50s to 80s, coolest Northwest. Much of the northern, central, southern, and eastern US will warm early next week to near or warmer than normal. Overall, VERY HIGH demand into the coming weekend.
Nov 7: Today’s EIA weekly nat gas storage report printed a build of +34 Bcf, much smaller than market expectations of +44 Bcf. The build increased supplies to 3,729 Bcf with surpluses decreasing to to +29 Bcf vs the 5-year average. Next week’s report will either be a small build or small draw compared to the 5-year average of +30 Bcf. This should drop surpluses to right at the 5-year average.
www.natgasweather.com
AR is buy at this levelTarget 2,80$
Cold is coming in www.yr.no
No rist, no stop loss, just pay and wait one week. www.natgasweather.com
Natural gas price move AR, but why?
As a result, as of October 29, 2019 Antero's expected natural gas production is now 91% hedged in 2020 at an average NYMEX price of $2.87 per MMBtu and approximately 89% hedged in 2021 at an average NYMEX price of $2.80 per MMBtu, assuming 9% growth in 2020, using the midpoint of the 8 to 10% target and 10% production growth 2021.
Want bigger picture d1io3yog0oux5.cloudfront.net
shortly
• Exit-to-exit U.S. supply growth expected to slow dramatically in 2020
• Projected growth of just 2.6%, below estimated demand growth of 4% next year
• Challenges to Meet Needed Supply Growth Through 2023 - ~23 Bcf/d of new supply needed to offset the 27% base decline(2) for total U.S. supply in 2019 alone - Another 3 Bcf/d of new supply needed to meet demand growth in 2019 - While associated gas will deliver a relatively price insensitive base load, associated gas alone cannot deliver the needed new supply; dry gas producers will require higher gas prices to incentivize drilling
• Only 32% of the new gas supply needed in the 2019 through 2023 period is forecast to come from associated gas plays where natural gas price is not the driving factor for development • Remaining 68% of new gas supply must come from dry gas plays where producers generally need high-$2.00 to low-$3.00/MMBtu NYMEX natural gas prices to generate a 25% IRR on a half-cycle basis
• 45% of new gas supply needed in the 2019-2023 period is forecast to come from plays with breakeven gas prices that are higher than the long-term 2020-2023 strip ~$2.48/MMBtu
• Exit-to-exit U.S. supply growth is expected to slow dramatically to 2.4 Bcf/d or 2.6% in 2020
AR - DAILY CHARTHi, today we are going to talk about AR
We observe a D1, some important points. The details are highlighted above.
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Nat gas and Antero Resources Corp... what could go wrong?!nat gas tuff industry these days.. Maybe they've found support? A/D shows promise..
Antero Resources Corp Analyst warns Short Sellers.ANALYSTS WARNS OF SHORTING INTO EARNINGS
Antero Resources, Range Resources analyst commentary at Stifel Short-selling Antero into earnings 'could be quite risky,' says Stifel. Stifel analyst Jane Trotsenko said investors could be inclined to short Antero Resources (AR) and Range Resources (RRC) given that Mt. Belvieu, Texas NGL prices are down 15% per barrel quarter-over-quarter. However, the analyst, who is projecting a production beat and "very healthy natural gas price realizations" from Antero thinks short-selling the stock into the earnings "could be quite risky," she tells investors in a research note. Antero also plans to update guidance with its Q2 report, "which makes this quarter particularly tricky," added Trotsenko, who keeps a Buy rating on the stock
COMPANY PROFILE
Antero Resources Corp. is an independent oil and natural gas company, which engages in the exploration, development and acquisition of natural gas, natural gas liquids and oil properties located in the Appalachian Basin. It also focuses on unconventional reservoirs, which can generally be characterized as fractured shales formations. The company was founded by Paul M. Rady and Glen C. Warren, Jr. in June 2002 and is headquartered in Denver, CO.
