Bah this thing has been brutal to hold, but MFI is going up, now only Accum/Dist, and RSI needs to go up for a 100% gain. I like this thing long term, but it definitely hurts holding this thing in my portfolio. Waiting for a pop and double downs.
This thing is almost following the other stock I am watching, DO. So i was just wondering, should i be looking for what contracts these guys get from other major Oil companies such as XOM, CVX, COP, BP, ext,,.. as indicators for catalyst? Is Oil and Gas industry still in demand compared to electricity and other utilities going forward?
So whats the Big Picture, set the chart to monthly. Value, Value, Value, so does this co. have any value? I am liking this chart setup. Watching MFI before I add more shares. Wish the company can give a bit more news to keep me entertained while it goes on sale. I would love to add more.
Looks like it will hit 14, better view on the Day chart. RSI going up with CCI and Stoch so it looks like its gaining strength, I am actually watching Money Flow (MFI) for confirmation, otherwise a solid breakout on the weekly chart is what i am waiting on.
Seems MFI reached its top, going to llook at Accum/Dist for confirmation, RSI already started going down with Stoch. I think this thing can pull back a bit. What do you all think?
Best time to buy things is when everyone hates it. Bought some here today for long term hold, also watching next targets 52.98, and 51.16. Watching Stoch and RSI next, and MFI for confirmations before adding any large amount, playing with very little amount now to test the waters.
