COG: Natural gas play. Breakout.
Updated
Natural gas 1.24% play. Personal target given. Process your way. Would not be surprised to see a small pullback perhaps to breakout line as it is very short term oversold.
Comment
Fundamentals: seekingalpha.com/article/4119605-cabot-oil-and-gas-quietly-breaking-new-highs-bullish-fundamentalsFrom article: " I reiterate my rating: COG is a BUY with a year-end 2018 price target of 42/share based on a huge wave of free cash flow generation ramping up in 2018 but greatly accelerating in 2019 and beyond."
Trade active
Drop back to breakout line or trend reversal? I favor the former. Related publications
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