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Longusoil

IMPP- a volatile penny energy stock LONGIMPP 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, margins can increase in a curvilinear fashion. IMPP once traded in the 40 share price range. I believe it is well situated to jump if oil prices escalate in the near term. For another similar penny energy stock albeit not domestic take a look at INDO. Targets are on the chart 15%, 30%, 30%, 25% partial closures at each averaging 10-15% overall
NASDAQ:IMPPLong
by AwesomeAvani
1
IF YOU MISSED LAST TIME, HERE COMES ANOTHER CHANCE - LONG CRUDEGood Day Traders! Congrats to those who made money following our calls! 💰💰💰 Simply following us and we will get you guys our latest updates FOR FREE! Go to the link below & hit the " FOLLOW " button right now ! 👉 www.tradingview.com 👉 www.tradingview.com 👉 www.tradingview.com UPDATES: Crude oil is likely to break previous low. Please be patience and wait for level below 20.00. Enter ONLY when there is reversal signal. Short term will be closing the gap. TP 21.75. Long term TP will be level 23.00 or above. Please like and comment if you agree with us !!! Follow us Rule_no1: "Focus on the outcome, not the obstacles." Happy Trading :) DISCLAIMER: There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Trade at your own risk.
TVC:USOILLong
by Rule_no1
Is it time to LONG again on USOIL?Hi Guys, We had a successful short on USOIL that just reached to its target,as you can see my last USOIL idea i had to bearish wedge on it that we are about to confirm first one but maybe it's soon to reach black line.here my last analyse : In this stage i wan't to see death cross on EMA in 4H and weakness in support around blue line.If we don't see what we want we can long USOIL for another swing like blue arrow but if weakness show itself we will drop to black line indeed.look at chart in 4H: We have little signs of bullish reversal in MACD 4H too but not much reliable. Let's monitor market and find out what will happen,i suggest to move your stop down or add a tighter stop now. Good Luck
TVC:USOIL
by Peymana71
BUY USOILRecently we had a Bullish Shark pattern completed with confluence of RSI Hidden Bullish Divergence. We waited for a Price breakout of the Triangle to take an entry. However our entry was not triggered because price broke on downside of the rising wedge during inventory. Now we have formed a Classical Bullish Divergence. We need to wait for a Candle Close above 50 USD. This 50USD is also a psycological level. If Price closes above 50USD and we see good amount of weak bearish movement after this Breakout on LTF then we should take a buying position and hold it for either a Measured Move/Fib Extension of current Correction of existing Bullish trend/Utilize Fib Price Projection The amount of time spent on rising wedge and creating the small swing up swing leg was quite small swing. Now the recent swing low we established extended 1.618 Extension of this small up swing. Also this Large red Candle that was formed after the downside breakout during Inventory is much bigger then its recent peer. Mostly this kind of Large candle acts as Resistance/Support. Also this 50% of red Candle is occuring nearly around 50USD , which is also an psycological Level. If we get an Candle close like mentioned above then we should have good chance of Rally in USOIL prices. TARGETS :- MEASURED MOVE FROM PEAK TILL RECENT SWING LOW IS 4.56 USD FIB EXTENSION TARGETS WOULD BE 54.97(1.272 EXT) / 56.56 (1.618 EXT) FIB PRICE PROJECTION FOR SYMMETRIC 1.0 WOULD BE 55.86 AND 1.272 @ 57.68
FX:USOILLong
by AvinashMudaliar