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OAS - Looking for a BreakoutOasis Petroleum Inc., an independent exploration and production company, focuses on the acquisition and development of onshore unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin, and Permian Basin. As of December 31, 2017, the company had 502,660 net leasehold acres in the Williston Basin; and approximately 312.2 million barrels of oil equivalent of estimated net proved reserves. It also operates midstream services and a well services businesses. The company sells its oil and natural gas to refiners, marketers, and other purchasers that have access to pipeline and rail facilities. Oasis Petroleum Inc. was founded in 2007 and is headquartered in Houston, Texas. The company have strong fundamentals, Oasis Petroleum adds more acreage in Delaware Basin for $ 946 million. The company maintains that they have bought the land at a cheap price given the price of oil that remains above 60 dollars. They indicate that the price of the land with the operating costs indicates a price of $ 50 per barrel. After buying the land with the sale of shares investors believe that the price of buying the land is very high.
OLong
by ciscosimon
Could ETH/USD be forming a double bottom??? Time to get ready?Does this look like ETH is forming a double bottom? If so it could signal a reversal. Time to start watching this after the long decline I think. Watch for the final formation of the second bottom and then stand by for the breakout above $414 . A conservative target is $484 . Stop below the bottom of the "buns" at around $360 If this is indeed a true reversal then strap on and enjoy the ride! As usual these are just my thoughts. Do your own research and don't blindly follow anyone especially me. Please LIKE if this makes sense. If you no likey please leave a comment so I can learn why this is wrong. theredbaronZ
BITFINEX:ETHUSDLong
by theredbaronZ
1
HEATING OIL, CHANGE IN TREND!Alright, so I was actually expecting Heating Oil to go higher, however this didn't happen. I believe that prices could potentially go down to lows of 1.8800 however I would be very careful as prices are approaching our ''V'' Have a strong look at your volume indicators guys as prices approach our key level (1.9000) We could see a sharp reversal as prices approach the 1.9000 level, HOWEVER. Prices could of course reverse and take out our prior high at 2.0400 , to then reach lows of 1.8600. Let's wait and see what happens guys!
H
by Graignm09
ETH Almost Time To Buy! I was really close to predicting the complete bottom of Ethereum a couple months ago. Seeing how things are going, we are going to see a little bit more fall for ETH.. My Previous buy signals are for the current price of Ethereum at $380. This I knew would happen inevitably at some point as it has just done. Just stay patient. There may be a pump here soon, but I am sure that we will see just one more dip to touch the bottom and I don't want to miss this!! The Momentum is still favoring the bearish side, and the sell off looks ugly, everyday ETH is losing. The bottom is near! May The Trends Be With You!!
BITFINEX:ETHUSD
by furiousmiguel
SPY going in for the retest!Welcome traders! Today we're seeing the SPY go in for a retest of the upper part of the descending triangle once more. The key level to watch today is between 266.23 - 264.83, depending on how the chart reacts to this area it can give us an idea of what to expect for tomorrow and the upcoming week. Seeing a break through and maybe a bounce could signify some movement up and through the upper trend line. Right now the MACD has made a bullish crossover in the one hour chart but I'd take that with a grain of salt for now being the level of resistance we have up top. That's it for today's report, as always short and straight to the point, good luck & safe trading!
AMEX:SPY
by therealhybrid
Bitcoin - HUGE 3 mo. resistance approaching & govt shutdown day!Short term I am neutral. I mainly am posting this idea to make traders aware of a huge resistance area that bitcoin is now once again approaching. The last 5-6 posts, I have put myself out there and made price predictions that have been largely contrarian, but fortunately for me, spot on! I am grateful for the good trading fortune. Not wishing to push my luck, I will not be making any price predictions here. In T-5 days, Bitcoin will be in another real quandary. Bitcoin has lived in my BLUE down-trending channel now for over 3 months. Bulls have yet to prove strength enough to break out. Bears have continued to annihilate the bulls at every near turn. Although, I have no opinion on whether or not this will continue to be the case, I can tell you that I, personally, will NOT become a bull until proof is presented to me via the charts on why I should become one. So far, crickets. Anywho, you can see that Bitcoin is now approaching the top of our channel again. Resistance is highlighted in RED. Once there, it's anybody's freakin' guess as to which way she'll go. But this resistance is highly significant and not to be casually overlooked! Should we break it AND CONFIRM on the daily, we'll likely go to 11.5k. Should we break that, 17k it is! Should the bears win again, 6k. Below that 2-4k!!! Yes, that scary! One more interesting correlation I've noticed, next U.S. gov't shutdown date is March 23rd (I think) which is this Friday. For sake of illustration, let's say the gov't does shutdown. Would this effect the markets? I think it could. Contrarily, if the gov't kicks the can down the road again, budget issues are swept under the rug, we move along, and everybody is pooping sunshine and rainbows (for now). This weekend should show us what it's gonna be. Peace. And happy trades my friends.
BITSTAMP:BTCUSD
by stewdamus
3
between tough support and resistanceBTC has bounced nicely from a higher low and broken the linear downtrend on my graph once again. Unfortunately there are many ways to plot the current correction/bear reversal which do not all indicate a bullish breakout yet and this linear resistance has previously been broken and fallen back through showing that uncertainty and fear still weigh strongly after such a steady bullish market through 2017. I do not foresee a clear long buy signal until a prolonged break of 10k, ideally occurring in the coming 1 or two weeks which would show overall market belief and a rejection of a onger term correction due to the fundamental impact/potential of blockchain. This could potentially be catalysed by reduced regulations in Korea and a positive outlook following G20 negotiations, It is also very likely after such a rapid advance and subsequently rapid correction that capitulation continues and a sideways move in the 5-12k range is maintained for the near future until sufficient accumulation and progression has occurred to bring the market to the next level of growth. (ignorant accessibility)
BITFINEX:BTCUSD
by dbbtc
1
LTC BEARISH ASCENDING TRIANGLE PRICE PLAYSSHORT TERM TRADES. A BREAK DOWN OF THE ASCENDING TRIANGLE SHOWS THE BEARS ARE IN CONTROL. I AM EXPECTING PRICE DROPS TO THE FOLLOWING LEVELS WITH BOUNCES ALONG EACH ONE. MEASURED TARGETS FOR THE FIRST TWO PRICE BOUNCE LEVELS FOUND BY MEASURING APEX'S INSIDE TRIANGLE AND IF BEARS REMAIN IN CONTROL FINAL PRICE DROP IS MEASURED FROM THE POLE OF THE INITIAL PRICE DROP FROM 205. First Target $162.35 Second Target $146.85 Final Target $126.86 NOT FINANCIAL ADVICE JUST WHAT I SEE ON THE CHARTS. GOOD LUCK ERRRYY ONE.
COINBASE:LTCUSDShort
by johnscharts99
BTC, Nostradamus, Brittney Spears, A Sour Patch, Illuminati ??My timing might be off, but my story stays the same. Nostradamus was a great historian, and Brittney Spears did make a comeback. BTC is definitely a sour patch kid. What else is next?? Between lines A and B is a good buying area. The closer you buy towards Blue Line A the safer your buys will be. There is a possibility that this trend is creating a double touch. The double touch is super bullish for BTC. For now we will be seeing continuous movement downwards till the end of march. April will be our bull run! Just in time for next months pay check ;). I will cost average my position from $5500 - $4500. The rest of my money will go towards LTC when BTC is at this bottom. I feel like LTC, being underrated in market cap will reach huge gains in April after the BTC correction. Then I will load up on alt coins after we go up 100% from the bottom of BTC. It is probable that blue line A might be the bottom. However with buying power so low, and volume low in general during our positive runs, I see new lows, eventhough the RSI is almost at its bottom. I set an alarm for when the rsi goes below 30 <-- usually a good time to buy. I'm not an expert, let's be real... no one here is an expert you need 10+ years experience to be one.. BTC hasn't been traded like stocks for that long, so be careful. May the Trends Be With You!
BITFINEX:BTCUSD
by furiousmiguel
4