AFTER FILLING GAP, PIONEER NATURAL RES. NOW TARGETING ABOVE 45!The gap-down created with PXD on January 08, was filled last trading week with strong bullish momentum and high volume, indicating the potential of the stock price to test above 245!
N.B!
- USOIL price might not follow drawn lines . Actual price movement may likely differ from the forecast.
- Let emotions and sentiments work for you
- ALWAYS Use Proper Risk Management In Your Trades
#pxd
#pioneer
#usoil
#crudeoil
#wti
#brentoil
PXD
PXD | InformativeNYSE:PXD
If the stock price breaks above the bullish line, situated around $249.30, there are potential upside targets to consider. The primary target on the bullish side would be Target Price 1 at $260.00.
On the other hand, if the stock price breaks below the bearish line, set at $246.32, there are several downside targets to watch. The initial target on the bearish side would be Target Price 1 at $244.11. If this level is breached, the subsequent potential targets would be Target Price 2 at $241.87, followed by Target Price 2 (seems there's a numbering error on the chart) at $234.72, and lastly Target Price 3 at $230.69.
PXD: Potential BuyI'm expecting the longer term trend lines to hold and price to break out from the current descending channel. RSI looks to be turning bullish also. Areas plotted to look out for, combined with daily and weekly moving averages to be used as S/R confluences.
Nat Gas (UNG, NG) Retracement LongConsidering a trend continuation long in NG here. Per the attached charts (also using futures for zoning), we've had a decent pullback and are nearing intermediate-term (daily) demand. Using the futures chart, there are multiple 15-minute demand zones stacked 3.058-3.006. So, if we penetrate that zone (flirting with it now), look for micro timeframe reversal cues. Looking for a solid swing from this one, so we'll see what happens! Quick take, but want to get this posted as the trade is setting up as I type.
Godspeed!
Jon @ LionHart Trading
PXD Entering Next PhaseEntering the circle fractal location
This then proceeds upwards following
(1) (2) (3) Are points on the larger structure on this Weekly chart
Pioneer Natural Resources Company (Long)Enter: Market Price
Take Profit: 215.65 (4.97%)
Stop Loss: 196.23
Price is bouncing off a strong support zone
PXD - Double Bottom Leading to Continuation Period Continuation period has arisen from this repeating double bottom structure
Very similar structures can be seen on the Gaussian Channel indicator
Weekly timeframe
PXD - Similar Recovery Patterns PXD has shown similar double bottoms along this dominant trend line
Price recently has broken up of a weak resistance (white circle)
This leads price to the same recovery pattern
PXD - Pioneer Natural ResourcesStarted half-sized position. Gapped up over anchored VWAP and inside pivot point. Looking for oil and gas stocks to come back alive after strong runs and holding up well. Crude oil still very strong. Stop loss below Monday's low & anchored VWAP.
PXD - GREAT Short Opportunity, IF ... !!Hello! Friends,
This would be a great short Opportunity, IF the price breaks down the support line !!
NYSE:PXD is following PITCHFORK levels well. You can even trade only with its support and resistance.
Alex Vieira Downgrades Warren Buffett Portfolio to JUNKAlex Vieira Downgrades Warren Buffett Portfolio to JUNK
$PXD Drops into Key Test ZonePXD drops sharply through the bear range trigger... Now testing key support with $50 level below. Short interest is likely through the roof.
Put Bull SpreadCredit spread on PXD
$1.48 Credit
Exp Dec 6, Delta is 0.3497/(0.23)
Its pretty bullish. I decided this could be a good trade. I'll take the added risk
Max gain is $0.75 max loss is $150.
Moving out of support pre-earnings.
PXD Iron FlyIron Fly I got a bad credit on it I should have tried for more, $7.20 credit and 280 max loss.
118/128/128/138 Dec 6th..
So the plan is to take a profit of at least 25% of the credit. Which is $180. Max loss is also $180.
Delta's on the wings were pretty good around 0.25-.26 so this should be a decent trade and PXD doesn't move all that much after earnings.
$PXD Pioneer Oversold at Support$PXD Pioneer Oversold at Support - continues to hold a bullish trendline that it's been riding for 12 months.
Expecting a near term bounce back to at least $190, additional if it can breakout from pennant pattern.
Note: Observation/opinion, not investment advice.
$PXD breakout $PXD Pioneer breaking downtrend line. Oil up 10% from mid-February lows - forming into possible ascending triangle, watching for breakout above $66/brl.
$PXD breaks below trendlineNYSE:PXD
What: Bearish pattern for $PXD
Why: Rising wedge breaks below trend line.
Fundamental: Natural resource industry is showing signs of weakness after it's rally this year likely due to the negative outlook of the OPEC decision in late November.
Profit Target: Sell target at $146 & 5/3/17
Stop Loss: 10% above current price
PXD - weekly break above resistance.Break above key round number 150.00USD, after forming a classic W type base. Lots of energy & resources stocks show similar price action. Keep it simple and stupid :-)
SLB- Another Bull Channel Building3-5 And here we are today with yet another
energy stock building a Bull channel in green.
What do I need to see to make me get long?
An upside crossover of the green line that's what.
THEN one could place a stop on any break below
the blue line of line of one's choosing. The top blue line
is a tighter stop and IF IF IF an issue is going to go
after breaking out of channel it won't come back-that's
what you want to see anyway after an upside breakout.
As usual this is all strictly for informational and educational purposes only.
Trade at your own risk
PXD Day Trade (Brad Reed Dec8,2014)PXD- Expect opening at 138.00 for a Retest Gap. Learn this strategy for free at www.RealLifeTrading.com
