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,...
TidewaterOil declined from high of 3873 on 13/07/2021 down to 1397 on 20/12/2021, since when it is undergoing healthy consolidation. Three positive divergences occured during the period of 26/11/2021 to 18/01/2022. Also, fundamentally, results have not declined at all to the comparable level of downfall in the prices. Hence, it is a good price formation for...
Based on historical movement, the peak could occur anywhere in the larger red box. The final targets are in the green boxes. The pending bottom should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated SELL on September 3, 2021 with a closing price of...
Add Tide water 5040/4723 short term we seen 5277/5557/5757 long term we seen 5757/6157/6888/7444/7988+ view invalid below 4125 wcb Note: all views are education purpose only.
A new oil prices bull market should favor small & micro cap equities of the oil & gas sector, which reached depressed levels after a 10-year downward trend, giving them the risk-return profile of call options. We consider that the risk-reward offered by Tidewater, despite its very volatile price, is more than attractive given its low valuation and its growth...