$WLL free Buy signal. 1:2 Risk/reward You can see that $WLL has been uptrend since last year. But there was a drop recently. So it is time to get in for swing traders and investors.
Buy 70.36
TP 78.96
SL 66.01
1:2 Risk/Reward
WLL
Earnings Expected to Decline!!! (WLL)"-This oil and gas company is expected to post quarterly loss of $1.48 per share in its upcoming report, which represents a year-over-year change of -428.6%.
-Revenues are expected to be $153.65 million, down 64% from the year-ago quarter."
WLL: $1.90 | Probably the Most sensational among em allbuy and hold til Aramco or some Big Shot ARAB takes over
and pumps Oil towads $65 and $100
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in talks for bigger fish
WLL Analysis Falling Wedge Breakout + Bullish Momentum + EMA Cross + 3 White Soldiers
Price Target: 1.94
Options Trade: 6/19 2c
Whiting may break further UPWhiting may break further up if today's Q1 earnings are alright, we will see, technicals seems promising as for now.
WLL BULLISH?The Yellow lines indicate Support and resistance. The red represents stop loss and the green is the limit. i think $1 is a good entry. LMK ur options
wll$WLL zooming in H2, my 1st TP of $3.40 is still valid I think we need to fill the gap, cool off, consolidate 1st maybe in this triangle I drew maybe not but consolidation is needed after 200% gains Fam. Keep the corse 1st TP $3.40 2nd $7
WLLHere's my $WLL H4 update Fam, like I said market top is around 25k #DJIA I am using my $SDOW chart looking for $28 as guidance as to when the top is in. I know $3.30 TP will be hit. Question is can we make it up to $7?
WTIBeen saying oil markets due for a nice recovery, the R/R is really sweet. OPEC has agreed to cut production 9.8 MBD. This won't be a quick easy trade but once coronavirus is finally contained OPEC
is agreeing to continue its production cuts well into 2021.
WLLI am loving this chart here guys, I did a fractal from 9/2017 support up to resistance on June 2018. This channel has been established since 2016 and if my chart is correct WLL
should make a run to re-enter the channel. Even if WLL fails to get back into the channel the upside is massive and there is almost 0 risk. If the oil market does in fact turn down towards $10 (which I don't think is happening) then I will probably buy another 1k shares worth and keep my LT TP for $15, and probably $32. Not sure if WLL can beat that but they FA is solid with over 500 mil in cash reserves 1.5 bil sales
and only 98 mil shares outstanding.
In conclusion I stay bulls on OIL, Uranium, very big bull on LITHIUM, Silver and TP on WLL around $16 Fam
USOIL looks like decision time for WTI, the Daily wedge is about out of time & $19 base has been tested and support seems to be established. A break back to the 200 ema on D1 would be a massive move for the oil sector and return the markets to normal business as usual levels
WLLR/R long term is looking so fav to bulls I had to enter.. Looking to hold for years this company has been around for the best of time and worst, no it is time for oil markets to stabilize and WLL to return to a rational price. I can see $90 by 2023 Imo great buy.
Whiting Petroleum looks like it wants to break out !!RSI looking good as well (parabolic curve showing strength).
Carlyle Group/Riverstone BackedSeems like one of the best plays if you would like to play the oil sector right now. Carlyle and Riverstone are considered the best in the oil industry
Whiting Petroleum, be very careful after Q1' 2019.Took a quick glance at Whiting Petroleum Q1' 2019 to see if there was a special reason they have been extra decimated in the past year, including losing half their stock value in just about 2-months.
Whiting in a Williston basin focused producer who primarily does business in North Dakota.
Q1 results showed that Whiting, a Bakken shale producer, saw a 3% drop in crude production with an increase in NGL and natural gas production, quite the contrary to what the market wants to see. North Dakota is already well passed egress capabilities on natural gas and overproduction of NGLs by shale producer led to a 76% drop q-o-q in realized pricing. Overall, revenues were down significant and the company was not free cash flow positive despite claiming to be a peer leader in their presentation.
Debt slightly increased and keeps the company hasn't been generating enough cash to pay them off. going up. 2020 there are convertible notes (US$500 million worth) due and as of now, Whiting hasn't been able to generate enough free cash flow to give me confidence that they will make the payment without taking out an even higher interest loan, similar to what Centennial Resources had to do last year at 8.5%.
Be very careful here: I would wait to see if the promises in Q1 come to fruit in Q2, because getting gassier, more NGL, less crude from declines, more debt and nearing maturity dates is not what the market wants to see with shale companies.
EMES dip & ripLook @ yellowish lines and you can see the same pattern forming. Oversold RSI and green bottomer exactly the same levels as Feb dip & rip.
WLL ready for retracement before next highWLL is in bull trend and in this trend, before touching a new high it would retrace to 38.2% level.
Target:- 36.19
WLL LongWLL Cup and Handle pattern on daily. Just broke out.
Wait for retest to 31-32 area to enter.
Notes on chart.
