Short on AM
AM is currently in an ascending wedge with bearish RSI divergence also shown on smaller timeframes. SL at last swing high with target at bottom of wedge, moving SL to BE when safe to do so.
AM trade ideas
Antero Attempting Rectangle BreakoutAntero Midstream is working on its 4th weekly close above the upper line of a rectangle pattern. Price is trading above all of its MAs with all MAs in bullish order indicating a bullish trend for price.
The PPO indicator shows the green PPO line rising above the purple signal line which indicates bullish momentum in the short-term. Both lines trending above the 0 level indicates bullish momentum on an intermediate to long-term basis.
The TDI indicator shows the green RSI line trending above the 60 level which indicates a short-term bullish price trend. Going forward we want to see the RSI remain above 60 to sustain this potential breakout above the upper line of the rectangle pattern.
Assuming that natural gas and oil have bottomed and continue to move higher AM should benefit from the rising trend.
AM $12 by Jan 2022?If we use a bullish gan fann to project a vertical increase of price, I suspect that combination of current price action combined with macro economics involving russia, may cause AM to reach ~$12 by January.
What are your thoughts? I'm still learning a lot of things and i dont specialize in oil by any means.
AM PRICE FORECASTAntero Midstream Corp. owns, operates, and develops midstream energy assets to service Antero Resources production and completion activity. It operates through the Gathering and Processing segment and Water Handling segment. The Gathering and Processing segment includes a network of gathering pipelines and compressor stations that collect and process production from Antero Resources wells in West Virginia and Ohio. The gathering and processing segment also includes equity in earnings from the Company’s investments in the Joint Venture and Stonewall. The Water Handling segment includes two independent systems that deliver fresh water from sources including the Ohio River, local reservoirs and several regional waterways. The company was founded on September 23, 2013 and is headquartered in Denver, CO.
you will notice that there are various levels this is a falling knife right now but im expecting it to end at one of the
resistances highlighted by the yellow price range tool
Earlier i did a ONEOK analysis
now i compare the competition to determine great picks
i will not publish all but i will share the price growths to expected stocks like i did
in my DVN analysis
SENNA SEASON
Long scalp $AMBased on its uptrend, rebound from support and a familiar chart pattern confirmed by my technical indicators, I expect at least half a percent in profits IF $AM exceeds Frisay's high of $10.67 during tomorrow's session.
Antero Midstream shooting off. AMGoals are 11, 12. Invalidation at 8.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
AM Symmetrical TriangleI sold the $10 put expiring 2/18 for $0.15. I expect it'll be assigned.
I'm bullish on AM, and there is a 9% dividend yield. Next dividend is early May. $0.225 per share.
Here are my choices:
Sell $12.50 call 3/18/22 for $0.05. (If possible). This gives the most upside, but least income.
-or-
Sell $10 call 3/18/22 for $0.20. If the triangle breaks out early, I miss out on the upside past $10.20.
Most triangles that breakout early come back. Good breakouts occur near the point. The point is past March 18.
The market is also very bearish right now. This makes me think the price won't top $10.20 in the next month.
If I'm wrong, the total trade is $15 (put premium) + $20 (call premium) and I miss out on further upside and the May dividend. (Unless I rebuy shares, which is possible.)
If I'm right, I made another $20 and the contract goes worthless. In that case I'd sell the $12.50 call for April.
Antero Midstream flowing Downstream. AMAn upgoing zigzag by the looks of it, currently at Wave B. Wave B looking to be complex correction, looking at fibtime, so we are looking for that second zigzag to send us lower. Either way, we have already formed a divergence and momentum is bearish, which all point to a bearish scenario.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
ANTERO MIDSTREAM COPORATION Strategy Daily Hey tradingview community, ANTERO MIDSTREAM COPORATION is in a bullish configuration with a strong return of executed buy volume and a kind of hammer candle. On the TIMEFRAME M1 we observed with a large buying volume negotiated with a form of short-leg marubozu of decline it is heading towards its last lowest. Who is below the base of the bollinger do his swallowing rechecker the different points of the bollinger and finish on the top of the stabilization zone for a retest.
Great propability to breakout the price with the momentum for both the zone to join the second and stick to the next high. But with the resistance impossible to give up at this time to come back after the correction.
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AM 2/24/2021Analysis:
Daily chart – After extensive downtrend, price starts to move sideways and creates a reverse head and shoulders pattern with a neckline at 7.61. The price has since broken the neckline of the Reverse H&S and has form a build up as the resistance/neckline area between 7.61-8.59. The beak of the neckline and buildup are very good indications the buyers are willing to buy are higher prices and stock might go into uptrend. The resistance area of the buildup, 8.58, has also been broken and this will be my entry signal. The immediate target area looks to be 13.00. I will analyze the 1hr chart for entry.
1hrchart – As we can see here, price is currently between 7.61-8.59. There was a false breakout last week with the price falling back into the range. The price bounced off support at 7.61 and broke thru resistance again. I will take this trade @ 9.10 with a stop loss just below support area of 8.59 & the 50ema. If I get stopped out of trade, I will look to buy back in at 7.80.
Entry: 9.10
Stop Loss: 8.31(-8.80%)
Target: 13.00(42.55%) Will also be trailing 50ema on 1hr chart
Oil is hot folks.
AM nat gas stockBuying into this natural gas stock, after it bottomed with an inverse head and shoulders pattern, risk reward is 9:1 and giving a 13% dividend yield.
I like the setup while nat gas futures look bullish
Antero MidStream - Long Opportunity Antero completed a breakout of the neck line of an inverted head and shoulders pattern. It has been consolidating near the neck line, awaiting its continuation to the price target of around 13.23.
$AM Setup with Weekly and Daily PatternsAntero Midstream shows a weekly 13 months head and shoulders bottom pattern and a daily continuation head and shoulders pattern. The weekly chart is on the left of my post and the daily on the right.
The stock broke out of the multi month weekly head and shoulders on December closing above pattern neckline (blue line). The stock since then has formed a continuation head and shoulders pattern with the head testing the weekly neckline support. It is an interesting chart setup and one that I will be watching closely. A break over the daily neckline (green line) could send the stock into a strong 2021 uptrend.
Antero Midstream Corp (AM)- HOLDING CO PROVIDES NATURAL GAS GATHERING, COMPRESSION, PROCESSING, FRACTIONATION/INTEGRATED WATER SERVICES.
$AMUp-sloping demand line and sitting on horizontal support
Stop is just below a gap-fill
Exit is just before the gap-fill
Daily and 4hr HBD on the MACD and RSI
AM inverse H&SAntero Midstream's NYSE:AM inverse head and shoulders pattern is now confirmed. Long term position trade. Looking to add to my position and accumulate over time.
“Do you know the only thing that gives me pleasure? It's to see my dividends coming in.” J. D. Rockefeller
AM Detailed Video Analysis Updatethe inverse head and shoulders pattern explained using elliot wave
enjoy guys and gals
