EQNR trade ideas
EQUINOR (EQNR) | Technically a Good Investment OpportunityHi,
Equinor ASA (Norway) , an energy company (lately renewable electricity also), explores for, produces, transports, refines and markets petroleum and petroleum-derived products, and other forms of energy in Norway and internationally.
Break above the downwards trendline, break above the strong horizontal price zone.
Break confirmed and we can enter around 140-153 NOK.
Good luck,
Vaido
Learning TAHi,
Follow me along, while I'm trying to learn TA indicators.
This does not hold any relevancy to current market and is for learning purposes only.
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LS
EQNE NExt Week !I Advais You to Buy or Keep It In The portfolio
It Will Rise Next week
The Time Is not Right To Sell
EQUINOR (EQNR)Hi,
Strong support around 115 - 130.
Technical criteria:
1) Historically the third strong rejection from the round number 100
2) Rejection from the Fibonacci retracement level 62%
3) Historically strong support area
4) 50% drop from the recent top acting as a support
5) The trendline
Regards,
Vaido
EquinorNew energy, green, Cramer bearish on oil bla bla bla.
Oil is trending up and so will Equinor.
Short term -5%, after that +20-25%Just triggered first entry +100@17.9 Next buy limit 17.05 Target 21.35
Mixed feelingsStocks don't have feelings, neither should you!
21 MA close to crossing above 50 MA for a buying signal
For the Bull: Buying Zone is at 175-180, Stop below trendline, target 200 Fib 0.618 - 215 Fib 0.786
For the Bear: Break of triangle, scaling in on lower highs, target 143
EQUINOR (EQNR) | Important Signs For Further Growth!Hi,
Equinor ASA , an energy company, explores for, produces, transports, refines and markets petroleum and petroleum-derived products, and other forms of energy in Norway and internationally.
Fundamental pros:
1. Trading below its fair value.
2. Good PE and PEG ratio.
3. Earnings are forecasted to grow.
4. A lot of insider buying.
Technical pros:
The correction, which started at the end of 2018, has started to show some positive signs for further growth.
1. The price has made a breakout from the down-trendline aka counter-trendline. Counter-trendlines breakouts are a pretty powerful tool to follow, especially when we have a really strong starting platform as Equinor has it at the moment.
2. Actually, the price made a breakout a couple of weeks ago and it has already retest it and again, it got a rejection upwards - the trendline which worked previously as resistance becomes support.
3. The trendline starts to work as support and there are also Weekly EMA 200 and Monthly EMA 50 which also should act as support levels.
So, we have a pretty solid support level under the current price which is very good considering the breakthrough the counter-trendline.
To show that mentioned "strong starting platform", we have to dig into the Monthly timeframe:
The price got a pretty amazing rejection from a super-strong price level, it stays between ~150-160. A lot of criteria matched almost perfectly (strong support, AB=CD, Channel projection, Fibonacci golden ratio, EMA) and the rejection formed the strongest candlestick pattern ever lived (massive hype :D) - Monthly timeframe "Morning Star" has formed around the strong area!
It depends on your investment horizon but the good entry should stay between the current price, 173, to 160 (in case it makes a tiny correction) but as said previously - luckily we have strong support just below the current price. The first target is around the psychological number 200 which should offer us about 17-20 percent profit.
Do your own research and if this matching with mine then you are ready to go!
Please, take a second and support my effort by hitting the "LIKE" button, it is my only FEE from You!
Best regards,
Vaido
Twin peaks or blue book dream?Any thoughts on this scenario? would P1 and P2 qualify as double peak (supposedly a bullish formation), and is it in your opinion consistent with the later emerging upward trend (double channel)?
As I understand it, a prerequisite for a bullish development is the high traded volume at Peak2 (bottom).
Any opinions and contributions much appreciated!
EQNR macro bottom formed Inverse head and shoulders pattern has formed, closes above 180 will most likely reverse the trend. Possible golden cross MA50 MA200
Entry would be at MA50 or retest of 180...
Equinor CUP Reversal at 200MA into HANDLE, filling up gapI see a potential reversal of trend at the 200MA for equinor as it starts forming a cup and handle. Increased chances as it aims to fill up gap before resuming bullish trend.
Lock the profit at 0 with EQNRWrite sometning about your psyhology thinking before trade? It was vaccation day and i am qute in good psyhological shape
Describe the trade. What you see? This will be trading between support and resiszance lines. price will bounce down
What have I done well for this trade? enter point accordig to resistance topology
What can I take away to help with later trades? nothing particular
Was any error during trading? (yes/no) yes I want to lock my profit so I move the stop in the market price and loss the money
