INDO may have spontaneously did a moonshort buy more likely it was the geopolitical issues of Iran and a hypothetical reginal conflict impacting Iranian oil exports and the effect on oil prices and energy companies everywhere including in Indonesia where INDO is based. The chart shows abrupt volume and volatility out of no where almost instantly. On deeper...
IMPP stands to gain market cap if the barrel price of oil moves on the global markets under the pressure of geopolitics in the Middle East. While it is a domestic producer and not involved in transoceanic oil tanker transport, the price of oil is a global dynamic in real time. As a small cap, when the oil price moves and IMPP's fixed expenses remain static,...
Analyzing the options chain and the chart patterns of IMPP Imperial Petroleum prior to the earnings report this week, I would consider purchasing the 2usd strike price Calls with an expiration date of 2024-1-19, for a premium of approximately $0.20. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking...
IMPP is rising from its lows of July after falling from a triple top in June at 3.8 which is the target for a long trade. Price is now above the POC line of an intermediate term volume profile having crossed the mean VWAP line anchored at the share split (purple and thick black lines respectively). Price bounced off the first negative standard deviation line...
Hopefully we are close to a bottom, It has been flat now for a long while. Just completed a Inverse Cup & Handle which is bullish. Looking for a nice upside move soon.
Not a soul is looking at commodities right now with the rally in the S&P. Just the same as cannabis a number of weeks ago. This is where value lies
- Commodity push incoming I feel. - Beaten down due to some big investor unloading 9 mill shares or something along those lines a while ago, which is why it changed from being small cap leader among HUSA, IMPP and CEI for energy push. Big volume coming in now. Ya love to see it. - Oil swung lows and all commodities are on some support at the moment. If we get a...
this is the most bullish chart ive ever seen... petrol price is maintaining the rising trend. monday will be funday
I'm still researching, i.e. justifying my bag holding, XOM and NINE have both had good surprises for their earning reports. We'll keep an eye on the rest of the sector as they have earnings reported, but I suspect they are all going to be good surprises for a big win in the next week or two.
Watch IMPP. This stock is going up. I have a stop currently at $1.9, bought in at $2. I will switch my stop to a trail stop of $2 when the stock reaches $6. The reason I like this stock is it has to do with commodities which are on shaky ground right now and if you look at the volume after going over the 200 MACD cloud, it's been sustained. This stock will...