0HRZ trade ideas
COG buying opportunity, but wait for pullback NYSE:COG Monday may go above bollinger bands, but pullback for better entry breakout
LONG COGExpecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
COAL | CTRABeijing, in turn, will increase purchases of U.S. agricultural machinery, industrial and energy products by about $ 200 billion over the next two years.
LONG
Possible breakout of COG?COG has demonstrated long term support noted by the blue hashed line. Possible that it may bounce due to low RSI, and cyclic pattern over the years. What do you guys think?
New to this so help me out!
CTRA BUY?Contura Energy, Inc. (NYSE: CTRA), Time To Buy?
If you are in the money making game probably you have one question in your mind:
How can I pick the next stock to invest in or to trade with?
Honestly, it`s not easy, but luckily you have multiple chooses in front of you.
Firstly, and this is a harder way, you can spend days of researching through thousands of publicly traded companies and expert advises and opinions.
However, there is an easier way to. For instance, you can look at the stocks that smart money investors are collectively bullish on. The idea is next:
Where the smart money goes, profits are flows.
Smart money, AKA hedge funds, and other institutional investors and professional traders usually invest large amounts of money and time, and they have to conduct due diligence while choosing their next stock to invest in, and trade with.
The truth is that they don't always get it right, but, on average, their picks historically generated stronger returns from 90% of retail, sessional traders. Especially after adjusting for known risk factors.
Speaking about hedge funds guys, let’s take a look at their recent activity with Contura Energy Inc. (NYSE: CTRA)
Let us be clear, CTRA is not among the most popular stocks, but it was in 22 hedge funds portfolios at the end of June.
A total of 22 of the hedge funds are bullish on this stock. At the same time there is a change of -31% from March.
Since CTRA has experienced a decline in interest from hedge fund managers, logic holds that there is a sect of fund managers that decided to sell off their entire stakes last quarter.
Still, the largest shareholder of CTRA, with a stake worth $118.5 million reported as of the end of March, is Whitebox Advisors. It is worth to mention that CTRA stock returned -46.1% during the third quarter and underperformed the market.
That is right, CTRA is deeply oversold at the moment.
Note this- At The Moment- because the price can still be in the red for some time, but rebound are coming.
The oversold levels are among the best ones to jump in and potentially to make solid returns. Same levels have the best Risk/Reword ratio, and as you know higher risk is to buy something what is already at the pick and overbought, comparing with buying at oversold levels such as this one.
From Technical Analysis point of view the price is near 3Y low.
The absolute low is at 16.59 level. The RSI, on weekly chart, with his current levels, between 20 and 30, suggesting that rebound can occur. At the same time this is a signal that the price is oversold and in a down trend. According to technical analysis the most reliable buy signal is when the RSI cross over 30 levels. Current value is 27.
On a daily chart RSI is above 40 level, and the support level at 22.58. Current price is 23.69 and potentially can test support level in near time. It is crucial to monitor this level and the RSI movement in order to find the best possible entrance.
Potential target can be found at 32.45 level.
According to analysts gathered on CNN money expected up movement is up to +52% at 36 level.
Example of trading plan can be with S/L at 22.50 (-5%) and T/P at 32.40 (+26%).
Oversold just hit 52 week low - time to purchaseCOG is on the oversold list
I waited to make sure it would bounce back from its recent 52 week low. Although just got downgraded in the target price going from $25 to $21 (the other reason for a dip after Earnings) I still find value if you can pick up enough shares.
Target is to get back to that earnings gap and take the profits.
What do you think?
Buying long Cabot Oil & GasI've been watching this natural gas producer as it's one of the most productive gas producers with one of the best balance sheets out there in a highly beaten up industry. Their valuation is great despite some challenges in the natural gas industry, and they saw a huge selloff after worsened guidance recently. I'm now buying on this weakness.
Here is why:
Daily Demark 13 exhaustion was just triggered. These have a wonderful history of timing reversals.
Oversold on RSI all time spans
Oversold on bollinger band moves
Just hit the very long term lower trendline that has existed since before the GFC. It promptly touched and reversed, showing that the market recognizes this as resistance. At the bare minimum, we're likely to see a reversal within the next few weeks, possibly after retesting the trend or consolidating around it.
Combine that with very low valuations, an a product (natural gas) that isn't quite as economically cyclical heading into a potentially recessionary environment, and I really like the outlook here.
Contura Announces $100 Million Stock Repurchase PlanCTRA: Contura Energy, Inc.
2019-08-29 16:20:00
Contura Announces $100 Million Stock Repurchase Plan
compra en el miedo el momento de comprar es cuando todos deciden vender una de las maxias es esa compra en la desisperacion y vender en la euforia , esta enpresa ligada al petrolio , ha tenido una gran caida , debido a los problemas con el petrolio en el estrecho de ormuz , a ver como se desarolla todo eso , pero es una gran oportuno9dad a mediano plazo cuando todo se estabilice las empresdas ligada al crudo , tales como , conoco philips , USO , ptrobras , ypf , repsol .. dentre otras . veo oportunidad en todas esas
Bullish Ab=CD Pattern at Cabot Oil&GasNYSE:COG
Bullish AB=CD pattern appeared at COG chart
It gonna realized itself while next week
SL 25.06
TP1 26.05
TP2 26.67
COG LongPull Back Trading
Price above the cloud ( bullish )
Above 200MA ( bullish )
Buy $24.83
Take Profit $25.95 and(or) $26.60
Stop Loss $23.75
Thank You
All comments are welcome
COG Detected possible stock repurchase this morning!!!COG: cabot oil & gas corp
2018-02-23 06:30:10
Detected possible stock repurchase
