GPOR
AUDUSD | SWING - 27 Sep. 2020Hello my friend | Welcome Back.
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It may rise to the upside if the support is not broken, so take care and caution. It may drop because it is a very weak support.
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Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
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The information given is not a Financial Advice.
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GPOR BUY (GULFPORT ENERGY CORP)Hi there. Price is forming a reversal pattern to change its direction. Watch strong price action at the current price for buy.
GPOR.LSE (UK) - on path to new lowsGreat Portland Estates, a prime office REIT from UK, seems to have now completed the intermediate wave 2 up, after a zigzag minor ABC pattern has completed. Prices should follow a long downward path to new lows. This scenario will be void if prices crosses up 756. FOLLOW SKYLINEPRO TO GET UPDATES.
GPOR.LSE - new lows ahead ?We changed the wave count pattern of GPOR.LSE as it crossed the line at minor B. It is now tracing intermediate wave (3) down what should bring prices below wave (1) and with a good strenght in the move. There is an alternative scenario where this is the final stages of a minor B of an ABC pattern, in this case prices could go up in wave C. In the next days we will have more clarity of what scenario should prevail, keep tuned. FOLLOW SKYLINEPRO TO GET UPDATES.
GPOR - UK REIT - possibilities of 7% gains in the next two daysGreat Portland Estates is the UK REIT that owns the best office properties in Class A cbd markets of London. The price structure suggests that it will start minute wave 4 down before going up tracing minute wave 5, the last lag that should complete Minor wave 5 of intermediate wave 1. If this scenario persists price should increase 7% in the next two days, before entering a correction of intermediate level. FOLLOW SKYLINEPRO TO GET UPTDATES.
GPOR - Bullish Divergence Weekly Symbol: GPOR
Dates: (No Entry at this time)
Position: +0Long
Entry : $3.32
Price Target: $3.62 -> $4.72
Stop Loss: $2.36
R/R: 1.32x
Notional Risk: $0
Technical: Trend reversal. RSI divergence on the weekly. Triple tap support at $2.30-$2.40 after rejecting going below historical low trend line. Did a bit of testing on simple RSI strats on GPOR and it's kind of ugly...probably won't take the trade...just posting this for posterity.
GPOR - Pennant formation Long setup GPOR Seems breaking out forming a pennant formation. Twiggs money flow is accumulating and it has some insider buying. Overall looking good as a long setup.
GPOR - Bullish Divergence Found. Risky But Could TurnGulfport Energy Corp. is an independent oil natural gas exploration and production company. The company focuses on the exploration, exploitation, acquisition and production of natural gas, natural gas liquids, and crude oil in the United States. Its principal producing properties located along the Louisiana Gulf Coast. The company was founded on July 11, 1997 and is headquartered in Oklahoma City, OK.
SHORT INTEREST
23.75M 08/15/19
P/E Current
0.98
P/E Ratio (with extraordinary items)
0.73
P/E Ratio (without extraordinary items)
2.67
Average Recommendation: HOLD
Average Target Price: 6.79
Go Long blindly....best ER, buyback going on and sentiment is super -ve. Wait for few weeks and huge rally will spike up. This is Gas company. Oil still has some chance to come down with china trade speculation. But Gas is already bottomed.
Looking at GPOR for EarningsIf NASDAQ:GPOR escapes $7.20 & green area, then it could be a good place to long for upcoming earnings on May 2nd.
Past two earnings reports have been ~60% beat, that doesn't mean this time will be the same but I'd wager there's money to be made from long positions.
Negative side: weakening natural gas outlook by most analysts.
Thanks for visiting.
Natural Gas needs a little push to setup a breakout!As you all know by now, I believe this is an event-driven outcome due to section 232 tariffs on Uranium. The decision will be made in April with a high probability it is passed. The blowback is likely higher electricity costs from Nuclear, natural gas is an alternative base load energy.
LONG - BULLISH INDICATORS! ADDING 500,000 SHARESAfter solid earnings, SWN just started moving up within the last few days with the price of Natural Gas.
The stock is trading at an extreme discount to other Natural Gas Companies.
Looking at the Weekly Chart... (We are not day traders)
Accum/Dist - Trending Up - BULLISH
On Balance Volume Trending Up - BULLISH
Stochastics Trending Up, Just Crossed the center line - BULLISH
RSI trending up, just crossed the center line - BULLISH
MACD flat looking to break up - BULLISH
Looking at the Monthly Chart...
All indicators mentioned above are trending up - BULLISH
RSI and MACD indicators look like the stock is going to run much higher!
RSI is trending up and HAS NOT even come close to the center line - BULLISH
MACD is below the center line trending up - BULLISH
SWN has plenty of room on the monthly chart to spike up to the $22.00 a share price!
Southwestern Energy Company (NYSE:SWN) is trading with a trailing P/E of 5.5, which is lower than the industry average of 13.6.
Summary for Southwestern Energy (SWN)
Profitable and cash flow neutral.
Trading at deep discount on price to book value multiple and price to net income multiple basis.
No significant debt maturity till 2022.
Cash on hand represents 50% of the market cap.
Increased focus on shareholder value.
"Seeking Alpha Article"
POSITION: 1,000,000.00 SHARES - BULLISH CHARTS & INDICATORS!As our Followers know, we've been in and out of Southwestern Energy.
Today, we opened up another somewhat large position because we feel SWN is a better company, and financially stronger, than when the stock was trading at $52.82 back in 2010.
Looking at the charts...
Daily, Weekly and Monthly
Monthly Chart - Stochastics, RSI and MACD are turning up - BULLISH
March of 2016, SWN went from around $6.00 and ran to almost $16.00 within 8 to 12 weeks.
We see the same picture lining up today within the charts.
Our forecast for Natural Gas - It should hit between $4.50 and $6.00 moving into the Winter which will be extremely BULLISH for SWN.
The amazing thing about this stock is this, the price has been trading under the cloud since November of 2014 and its still making huge gains in price.
As for the Monthly Chart...We see no "major" resistance until SWN hits upwards of $25.00 especially if the price can close above and / or around $7.10 to $7.25.
Weekly Chart - On Balance Volume, Stochastics and RSI are Turning Up - BULLISH
MACD is hugging the Center Line ready to break above - BULLISH
On the Weekly Chart, SWN needs to close around $5.75 and the stock should run higher.
Daily Chart - SWN is above the cloud with support around $5.40, exactly around where it held today before bouncing off the low of the day.
SWN is a pure turnaround story and we think now is the time to take a large position.
With over 90% of institutional investors owning the stock, we are not the only investors who think something good is coming!
POSITION: 1,000,000 SHARES
AVERAGE PRICE: $5.46
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$GPORLooks like a buy to me at these levels:
- 1&2D Clouds have crossed bullish, 3D looking like its on the verge.
- Momentum is winding down, but I don't expect the price to react to much. Likely looking at a 2-3 week sideway/slight downward action.
- High to mid 11s would be my entry, if I don't just bite the bullet and scoop some this week.
- Upside looks good, there is little in the way of getting to low to mid 20s. I expect slight chop around 17-18 but I think it'll blow through resistance.
#GPOR long on shark & 5-0PA already triggered the bull shark close to $40. If PA turns down to test the lows possible long on 5-0 near weekly TL @37.4