NE short term is going to $6.9-$7.0, then fade till election. Long term trend remain unchanged.
By now, everybody knows there will be no freeze or cut. If this can't even bring it down, you have to ask, what could? A no brainer long here. Note: idea invalid if below $43.
NE's chart pattern is different from that of RIG's but the outlook is similar.
Target #1: $14 by 10/31/2016 Target #2: $20 by 10/31/2017
$14 is achievable in 2 month, $20 in a year.
Traders and long term investors alike should take advantage of the weakness of the broad market to add positions. Target in 12 months: $5
All the signals pointing to $22.3 in 1-2 weeks.
The blue arrows point to the most likely path
A very low risk trade or buy/hold, considering the technicals and fundamentals. Target in 12 months: $33
Rome is not built in 1 day. Time for WDC to take a rest. The general market is getting tired too. But don't short this stock though. I rarely short any stocks, let alone a solid company like WDC at a fire sale price as of late. But the market is getting weaker and weaker...
But I seldom short any index or individual stocks. Best just to stay vigilant.
This is my attempt to learn GEO formation from 4xForecaster, he is the Man! CEQP is highly undervalued from a fundamental prospective, however, the overall market condition is not helping. Some legal issues are supposed to be sorted out in 2 weeks. By that time, the market could be in a very bad mood. The 3/31/2016 deadline past and many buyers got...
The biggest question now is whether iii of 5 should be i instead.