Kosmos energy going lower than space. KOSC Wave of flat. Let's see how powerful the downward impulse will be.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
KOS
KOS...They Said So? Bullish Resistance Or Bearish Deflection 2.0This is a familiar area for KOS that has taken some time to get to. But now that its back at the 382 fib level, the proof will be in the pudding. This was an area of previous support a few months back and now KOS is desperately trying to make it so once again. Over the last few weeks it's been deflected but continues hovering in the area so all may not be lost (for now).
Other than earnings released in August, there haven’t been many new updates from the company. For the most part, KOS stock has moved with the overall oil and gas market direction. When it comes to Kosmos Energy’s last earnings update, it experienced increased revenues and a more narrow adjusted loss.
KOS Stock Forecast
Similar to American Resources, analysts may be bullish on Kosmos thanks to the reopening trade. Higher energy demand has put somewhat of a strain on the portion of the raw material of the supply chain. With that has come higher inflation and, thus, higher prices. In light of this, it might make more sense that analysts at firms like Sanford Berstein have given a stamp of approval with an Outperform rating . The firm also has a $7.80 price target, roughly 140% higher than opening levels on October 8.
KOS At A Pivot PointKOS At a make or break area of resistance that was formally support a while back. Also coming into the month with stronger volume and a golden cross (bullish technical set up). With strength in energy and in light of the current levels, KOS is something on the list to watch right now. It also put in a new 52-week high on June 21st.
"Kosmos Energy has been on our penny stock watchlist for months now. By midday, shares of KOS stock had jumped by over 16% to $3.60 per share. The reason for this jump was due to an analyst at Bernstein named Bob Brackett, shifting his recommendation to a ‘Buy Rating’ with expectations for oil demand to increase by over 10%. Even as the market for more sustainable energy and electric vehicles expands rapidly the expectation is to see demand for oil rise in the short term. It’s important to note that this is just one analyst’s opinion and penny stocks that deal in energy sources such as oil are particularly volatile. This is to say that it’s important to do your own research before buying in. Earlier this month, Roy A. Franklin was appointed to the Board of Directors. He is an individual with over 45 years of experience in the energy industry and has extensive experience in multiple private and public companies."
Quote Source: 7 Top Penny Stocks to Watch Right Now With Big News
Is it time to x2 in KOS ? L>3.42
L@3.18
Hey guys! Found out one interesting chart.
There is a lvl 3.17, that has resisted for last few weeks.
At moment i see, that 1W candle closed higher 3.17, and this a good signal for long in KOS.
I really think, that 3.42 will be a trigger price, and if chart will hit it - this will be a rocket jump :D to 5.28.
Main scenario is to long from 3.18 to 5.28, but i also think that price is able to get 6$-6.5$ in that move.
at the same time i found, that there was no volume in falling in FEB2020, so i can expect fast and clear move this time.
Kosmos Energy LongCash neutral @ $35 / barrel
Have raised a considerable amount of cash recently.
I believe we will see a dividend relatively soon as the price of oil begins to stabilize in coming months.
Energy agencies calling for super cycle.
I believe that the upside potential for this one is great.
KOSMOS ENERGY LTD ( KOS ) analysis about risingNYSE : Kosmos Energy Ltd - KOS analysis about rising
KOS H4 chart
Indicators and oscillators positive
Positive volume
Price movements on the top band
In this case, the continuation of the rise can be expected
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
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You can see the overall status in the following monthly chart
Kosmos Energy Shares Snap A 6-Day Losing StreakThe daily chart shows that KOS shares have been trading in an uptrending channel since the end of last year. Even though Kosmos Energy has had a nice move off of the lows, the stock had still fallen more than 21% from last summer's high on the current bear market in oil. An initial stop loss on a long stock position can be placed under $8.40 (under Tuesday's low). Near-term resistance is between the $9.50 and $10 level (stock failed at the 200-day SMA in September and November).
On February 23rd, KOS reported Q4 EPS of $0.33 vs the -$0.07estimate on revenue of $178.1M vs the $150.84M estimate. They sold 2.4M barrels of oil compared to 1.9M barrels of oil in Q4 2013. The company trades at a P/S ratio of 3.62x and a P/B ratio of 2.72x.
Options in KOS were extremely active today (49x the average daily volume). The bulk of the trades were in July call buying and put selling (implied volatility rose 9.3% to 61.07).