$USWS Next Target PTs 10-11-25 and higherU.S. Well Services, Inc. operates as an oilfield service company in the United States. It provides hydraulic fracturing services to the oil and natural gas exploration, and production companies. The company was founded in 2012 and is headquartered in Houston, Texas.
Buysetup
GoldViewFX - H1 AND DAILY CHART UPDATE - ALL TARGETS HITHey Everyone,
This is just an update post to review the two ideas on the HOURLY and DAILY CHART we posted yesterday.
Targets have been HIT perfectly and our trading plan played out beautifully!!
Although we are at a strong resistance here we are expecting a break above (see 4h chart on related post). If this break does not happen within the next 24 hours, we do expect some play in the swing range before can we resume for the challenge again and because I trade the blueprint and not the movement itself, it allows me to safely trade and get out on the turn.
The skill in trading is not in the direction alone but how you ride the movement! We are happy to have shared not only the direction but how we also rode the movement.
H1 CHART UPDATE
TARGET: 2060
SWING RANGE 1979
We are waiting for some ranging movement in this range, which will then allow me to plot new Goldturns and provide a more detailed plan to trade the rest of the week. Waiting patiently for a blueprint!!
As always we will keep you all updated with any changes throughout the week; please don't forget to like the post, so we can keep the post updated.
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - 4H Market UPDATEHey Everyone,
BOOOOOOM !!!!!!!!
We smashed our calls and rode the Bull all the way !!!! We are not just saying it, if you've have been following our posts (see related below) you would have caught the move with us.
2013, 2024 AXIS TARGET, 2036, AND 2060 ALL HIT.
We expect another challenge to 2060 followed with some retracement and then for our ARTs (Average Range Targets). In a new range when we don't have historical Goldturns to use, we use our own custom sequence to generate levels, we call this ART!! We will introduce this more often in the coming months, as we seek to create new highs.
We remain Bullish and we will continue with our plans to Buy dips and we will also consider any sell signals that activate on this range. When we see new ranges and breakouts the safest way to trade this, is to let the movement happen. Let price get comfortable in the new range and that will leave us with a blueprint for us to follow. This will then allow us to safely trade the levels on this range. Take for example now that 2060 has been HIT, we expect this to be hit again.
Bull Targets 2060, 2080 and 2109.
As always we will keep you all updated with any changes to our plans and setups. Please don't forget to like, comment and follow to support us, we really appreciate it.
GoldViewFX
XAUUSD TOP AUTHOR
$GBR PT 49 and higherNew Concept Energy, Inc. engages in real estate rental business. It owns approximately 190 acres of land located in Parkersburg West Virginia. The company was formerly known as CabelTel International Corporation and changed its name to New Concept Energy, Inc. in May 2008. The company was founded in 1978 and is based in Dallas, Texas. New Concept Energy, Inc. is a subsidiary of Arcadian Energy, Inc.
GoldViewFX - 4H CHART UPDATED LEVELS & TARGET$$Hey Everyone,
As promised I have updated the most significant historical Goldturns on the 4H CHART that will work with our EMA5 cross and lock level to level trading setup.
I have also used our color coded BLUE (BUY) and RED (SELL - TAKE PROFIT) zones for a Bullish setup and any sells taken from the red zone can be banked on the blue zone.
We have a 2013 Trendline target and a 2024 AXIS target on the 4h chart setup, which will play a big part in confirming a continuation or rejection of this range and breakout with a EMA5 cross and lock or a rejection with EMA5 Goldturn created below 2024, which will open the full swing range to 1925. However until then we remain Bullish and buying dips confidently!
We will keep a close eye on this chart and update any changes accordingly.
Please don't forget to like, comment and follow to support us, we really appreciate it.
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - 1H MARKET UPDATEHey Everyone,
Another PIPTASTIC day of trading.
Our Trading plan was a piece of art. I wanted to share the chart, as it is, to allow you all to see how well the setup was respected. True class!!!
You can see the break above 1974, which we said once broken and tested as support will give us confidence to jump onto buys. The break above 1974 was then supported by 1974 Goldturn and our Gold turn trendline, which gave us 5 entries throughout today with each entry providing 100pips to a safe exit to next Goldturn. I have marked the entries and exits with green ticks to show you all how the plan played out.
The blue zone played out perfectly for the buys and this setup can be used throughout this week if price remains in this range, however we have one target left at 2004 before we update our plans. Please see Daily chart on related post below for the higher targets above 2004.
This setup is still fully in play should price remain in this range and buying dips from Goldturns is still part of our plans for the week. As always we will keep you all updated throughout the week.
Please don't forget to like, comment and follow to support us, we really appreciate it.
GoldViewFX
XAUUSD TOP AUTHOR
$FMC breaking out of a 16 month base!* Great earnings
* Very strong up trend
* Relative Strength vs. Sector: 5.07
* Relative Strength vs. SP500: 3.23
* U/D Ratio: 1.6, meaning it's under accumulation
* Base Depth: 37.54%
* Distance from breakout buy point: 1.47%
* Volume 22.29% above its 15 day avg
* Breaking out of a 16 month base
Trade Idea:
* You can enter now as the price is really close to the breakout level of $119.52
* Or if you're looking for a better entry you can look for a buy opportunity near the $119.52 area or wait for a pull back near the $116.57 area.
GoldViewFX - WEEKLY CHART UPDATEQuick update on our weekly chart breakout.
We have a target of 2077 on the weekly chart with a swing range of 1848. We expect play in this range in coming weeks.
The weekly chart structure is Bullish and supports our setups to buy dips and gives us confidence in our overall H1 trading plan.
Please don't forget to like, comment and follow to support us.
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - DAILY CHART UPDATE Hey Everyone,
We have been following this daily chart for a while now and our setup and analysis is playing out, as planned. We remain Bullish on the daily chart with some expected retracement but the lowest correction we can see is 1857, which is the new daily chart swing range, as the range has moved up.
Both the previous EMA5 break and close at the significant Daily chart Goldturns have opened targets that were HIT perfectly. 1927 is the next significant Daily chart Goldturn that needed a EMA5 cross and lock, which is now confirmed and opened targets to 1977, 2027.
We will trade the levels on our H1 chart and use the daily chart to support the movement. We remain confident in our setups and will update all our followers with any changes to our plans.
Please don't forget to like, comment and follow to support us, we really appreciate it.
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - UPDATED LEVELS, TARGETS & TRADING PLAN $Hey Everyone,
After an awesome finish to last week we would like to wish everyone good luck for the week ahead.
We have updated the H1 Goldturn trading levels and targets.
We remain Bullish and our setup allows us to take buys from support levels within the retracement range and even the swing range with low exposure.
1974 will likely be challenged on market open. We will look to see how EMA5 reacts to 1974. A break of 1974 with EMA5 will open the gateway to 2000 plus. A failure to break this with a new Goldturn created below 1974 can provide the momentum to test the full swing range to 1920. A break below 1920 will open the lower levels in which case we will update our setups accordingly.
To trade a Bullish setup like this requires experience, just because we can see upper levels of 2004 doesn't mean we chase this now. Knowing this target is open allows us to buy from support levels confidently and exit early within the current range. This protects me from getting stuck when the Bulls hit the BRAKE and leave traders crashing!
I will be trading this by taking buys from support levels within the Blue zone range and taking profit on the red zones. I will only target the upper levels once 1974 has broken and some targets above get hit and then once price finds support close to 1974 . This gives us a quick blueprint of the new range to trade from the support levels. I find this to be the safest way to ride a Bull run to all time highs. However If I do decide to take some some buys without waiting for support or a blue print of the new range then I will keep the retracement and swing range in mind to risk manage my exposure.
As always we will keep you all updated with daily updates on the targets we will take and any changes to our plans. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
$MXC Next Target PT 55 and higherMexco Energy Corporation, an independent oil and gas company, engages in the acquisition, exploration, development, and production of natural gas, crude oil, condensate, and natural gas liquids in the United States. It owns partial interests in approximately 6,400 producing wells located in the states of Texas, New Mexico, Oklahoma, Louisiana, Alabama, Mississippi, Arkansas, Wyoming, Kansas, Colorado, Montana, Virginia, North Dakota, and Ohio. As of March 31, 2021, the company's total estimated proved reserves were approximately 1.504 million barrels of oil equivalent. It also owned leasehold mineral and royalty interests in approximately 3,169 net acres. The company was formerly known as Miller Oil Company and changed its name to Mexco Energy Corporation in April 1980. Mexco Energy Corporation was incorporated in 1972 and is based in Midland, Texas.
$INDO Next Target PT 75 and higherStonegate Capital Partners Updates Coverage On Indonesia Energy Corporation Limited (NYSEAM:INDO)
DALLAS, TX / ACCESSWIRE / February 3, 2022 / Indonesia Energy Corporation Limited (NYSE American:INDO) : The full report can be accessed by clicking on the following link: stonegateinc.com Feb2022.pdf
COMPANY DESCRIPTION
Indonesia Energy Corporation Limited (IEC), through its subsidiaries, operates as an oil and gas exploration and production company in Indonesia. It holds 100% interests in the Kruh Block, a producing block covering an area of 63,753 acres with net crude oil proved reserves of 1.98 million barrels located to the northwest of Pendopo, Pali, South Sumatra. The Company's Citarum Block is an exploration block covering an area of 969,807 acres located onshore in West Java. The company was incorporated in 2018 and is headquartered in Jakarta, Indonesia and has a representative office in Danville, CA.
SUMMARY
Stable cash flow generating property - The Company's Kruh Block is an onshore, producing block covering an area of 63,753 acres with net crude oil proved reserves of 1.98 million barrels. The block produced an average of 200 BOPD in 2020 with average production costs of $21.34 per barrel of oil.
Drilling program points to further growth - IEC's short-to-medium term objectives for the Kruh Block entails (1) optimizing the block's upside potential to increase reserve value, (2) increase production within the next 4 years with 18 new wells, and (3) generate free cash flow and increase IEC's value. To this end, IEC launched a reserve development plan that will see it drill 3 new wells in 2021 followed by 3 wells in 2022, 6 wells in 2023 and 3 wells in 2024. Each well is expected to cost ~ $1.5M and once all 18 wells are completed, IEC is targeting $264M in future net revenue.
'Derisked' assets with proven presence of hydrocarbons -The Citarum Block is an exploration block covering an area of 969,807 acres located onshore in West Java. The block is located 16 miles from Jakarta, a major gas consumption area in Indonesia, which significantly derisks the asset. Additionally, the Citarum Block is in the Northwest Java basin, which has a long history of exploration and production since the 1960's. Importantly, the area has an existing pipeline network that will allow the gas produced from the Citarum Block to be directly distributed into the market. IEC's first priority with the asset is to confirm the value of the block by proving reserves and then monetize the asset through production and sale of natural gas.
Indonesia has positive macroeconomic drivers - Indonesia is the largest economy in Southeast Asia, the fourth most populous nation in the world, and the 16th largest global economy. Additionally, over the past 10 years, Indonesia average annual GDP growth rate has been more than 5% per year. Given these macroeconomic tailwinds, total Indonesian energy demand is projected to grow 5.3% per year through 2050.
Valuation - We are using a DCF model to generate a NPV for the Company's Kruh Block. We model production numbers and costs largely aligned with management's forecasts. We then use a 10% discount rate and incorporate a sensitivity analysis to crude prices to arrive at our valuation range of US$7.75 to US$11.75 with a mid-point of US$9.75. See page 6 for more details along with our discussion on potential upside for the Citarum block.
GoldViewFX - 1H CHART UPDATEThis chart needs no introduction!!!
We have used these Goldturn LEVELS to enjoy buying from every Goldturn support and banking on Goldturn resistance. We confidently remained Bullish and called the targets UP together with signal activation we were able to plan and execute entries and exits safely.
1939, 1948, 1953 and 1960 ALL HIT !!!! 1974 open but I will come back Sunday with an updated plan with updated levels for the coming week. Please look out for our Trading plan on Sunday.
Please support us with likes and comments, Thank you!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - 4H CHART UPDATEHey Everyone,
BOOOM !!! BOOOOM!!! BOOOM!!!!
We absolutely smashed the targets!!!
We confidently called the 1940 and 1959 Target on the 4H chart setup, which we have been following closely throughout week. The retracement and swing range gave us the confidence to remain Bullish buying dips and our intra day H1 levels allowed us to trade this up safely.
We have banked plenty of pips for the week and now starting the weekend early. I will be back before market opens on Sunday with analysis and a trading plan for the coming week.
Please don't forget to hit like, the 100 plus likes is not going un-noticed. Thank You!!!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - Market UPDATEHey Everyone,
What an awesome day for us and our followers. We called it all the way up with plenty of entries and exits within the levels.
Dips to previous day Goldturn 1922 gave us the first entry and then 1926 Intra day Goldturn gave us more buying opportunities, all the way to take profit at 1939.
Our Analysis played out perfectly once again!!
We remain bullish buying DIPs and have now moved our swing range up to 1897 to support the bullish structure. We have an immediate retracement range of 1926 Goldturn, to look out for buying opportunities.
We have 1939, 1948, 1953 and 1960 as TARGETS. We will take these with signal confirmations and continue to buy dips from support and exiting early with 20 to 30 pips, knowing we have targets above give us the confidence to milk the range! Any changes to the structure and setup, we will keep you all updated.
We have NFP tomorrow so we plan to stay out in the morning and then look for a support entry after the movement.
Please don't forget to like, comment and follow to support us, we are loving the 100 plus likes!!!
GoldViewFX
XAUUSD TOP AUTHOR
$INVA to head higher after pulling back to broken resistance?* Good earnings in the recent quarters
* Good up trend in the recent 2 years
* High 3-month RS of 34.4 in the Healthcare sector and a RS of 4.0 against the SP500
* UD Ratio of 1.57 meaning it's under accumulation
* Has been holding the earnings gap really well during this time
* Trading well above the 50 day avg volume
Trade Idea:
* You can enter now as this is its second attempt at breaking out.
* If you're looking for a better entry you can look for buying opportunities near the $18.97 area as that should continue to hold as support.
Caution:
* The red lines at $19.84 and $20.54 are from historic highs. We may see resistance around those price levels.
$RMED Target PTs 1.20-3-9 and higherRa Medical Systems Files 510(k) Application for the DABRA Catheter with Braided Overjacket and Six-Month Shelf Life
Ra Medical Systems, Inc., a medical device company, develops, manufactures, and markets excimer lasers for use in the treatment of vascular and dermatological diseases. It offers destruction of arteriosclerotic blockages by laser radiation ablation, a minimally invasive excimer laser and single-use catheter system that is used by physicians in the endovascular treatment of vascular blockages resulting from lower extremity vascular disease. The company sells its products primarily through distributors in the United States. Ra Medical Systems, Inc. was incorporated in 2002 and is headquartered in Carlsbad, California.
$MMAT Parabolic Target PTs 40-45 and higherMeta Materials Inc., a smart materials and photonics company, invents, designs, develops, and manufactures various functional materials and nanocomposites. The company's products include metaAIR, a laser glare protection eyewear; NANOWEB, a revolutionary transparent conductive film; and holoOPTIX, a holographic optical component. Its products include aerospace and defense, automotive, consumer electronics, energy, and medical applications. The company is headquartered in Dartmouth, Canada.
^^ $MMAT & $TSLA share the same R&D facility.
$MMAT also announced they are exploring the option to manufacture battery materials...
$IMPP Next Target PTs 3-4.50-7.80 and higherImperial Petroleum Inc., together with its subsidiaries, provides international seaborne transportation services to oil producers, refineries, and commodities traders. As of September 30, 2021, it owns and operates cargo fleet with capacity is 255,804 dwt. The company was incorporated in 2021 and is based in Athens, Greece. Imperial Petroleum Inc.(NasdaqCM:IMPP.V) operates independently of StealthGas Inc. as of December 3, 2021.
$XELA Next Target PTs .85-.95 and higherExela Technologies, Inc. provides transaction processing solutions, enterprise information management, document management, and digital business process services worldwide. The company operates through three segments: Information & Transaction Processing Solutions (ITPS), Healthcare Solutions (HS), and Legal & Loss Prevention Services (LLPS). The ITPS segment provides lending solutions for mortgages and auto loans; banking solutions for clearing, anti-money laundering, sanctions, and interbank cross-border settlement; property and casualty insurance solutions for origination, enrollments, claims processing, and benefits administration communications; and public sector solutions for income tax processing, benefits administration, and records management. It also offers solutions for payment processing and reconciliation, integrated receivable and payables management, document logistics and location services, records management, and electronic storage of data/documents; and software, hardware, professional services, and maintenance related to information and transaction processing automation. The HS segment provides revenue cycle solutions, integrated accounts payable and accounts receivable, and information management for healthcare payer and provider markets. The LLPS segment processes legal claims for class action and mass action settlement administrations, involving project management support, notification, and outreach to claimants; and collects, analyzes, and distributes settlement funds. It also offers data and analytical services in the area of litigation consulting, economic and statistical analysis, expert witness services, and revenue recovery services for delinquent accounts receivable. The company is headquartered in Irving, Texas.