GRAN TIERRA ENERGY Stock Chart Fibonacci Analysis 0304231) Find a FIBO Slingshot
2) Check FIBO 61.80% level
3) Entry Point > 0.93/61.80%
GTE trade ideas
GTE The breakdown of the diagonal is likely a HTF Primary W1 into W2 because it's on the monthly. Typically a leading diagonal is a bearish precursor to a reversal.
Also leading diagonals most likely form a wave 1 into w2 set ups.
The 786% might be too optimistic, as the wave 1 was 5 up which means sub wave A which equals the 5 up diagonal which equals the HTF w1 is a HTF Zig Zag & Zig Zags can bounce off the 50%-618%.
But the underlying nature of W2 is to destroy any hope of the wave 3.
So rather the 786% is usually a trademark of the wave 2.
Basically a lot of conflicting forces at play here as to where the bottom forms.
But catching this dip for a LT play seems very smart as W3 is targeting $16-$18 & Wave 5 $200 plus.
GTEleading diagonal target should land around .44c.
Could line up well with my WTIC target of $68 Wave 4 target posted recently.
Another high tight flag you can buyI really like this setup. It could go to 2.6 no problem
The stuff you can see without lines are the best setups because you A, know when you're wrong and B, know when you're right ;)
$GTE price alert we still trend in our ascending bullish channel , if we still trade above the 1.40$, we will see a continuation for the bullish momentum to 1.80$ then around the 2.80$.
a bonus in TradingView coins (up to 30$)
tiny.one
GTEHere's the road Map we bought into GTE around .60c last year. Thinking this 1 will moon when inflation takes a firm grip into the price of oil and send a barrel over $130.
possible triple bottommacd moving heavy to the long side. it would appear positive news came out. took entry below $0.36 looking for $1
Gran Tierra Energy Retracing. GTEA new zigzag is in order in an overall consolidation phase on this penny stock.
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, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
#GTE New Targets CAD 2.4 - 4.8Sector: Energy Minerals
Industry: Oil & Gas Production
Gran Tierra Energy, Inc. engages in the exploration and production of oil and natural gas in Colombia and Ecuador. It holds interests in the assets located in the Middle Magdalena Valley and Putumayo Basins. The company was founded on June 6, 2003 and is headquartered in Calgary, Canada.
Targets : CAD 2.4 - 4.8
Support Level 1 : CAD 4.78
Support Level 2 : CAD 2.40
When Break the Level $1.25
Resistance 1 : CAD 0.52
Resistance 2 : CAD 0.21
**Disclaimer - This is not a financial advice, please trade with caution and on your own risk. This prediction Based on My Dreams.
I would appreciate your feedback on my analysis. Do not view this idea as a recommendation for trading or investing.
#GTE New Targets CAD 2.4 - 4.8Sector: Energy Minerals
Industry: Oil & Gas Production
Gran Tierra Energy, Inc. engages in the exploration and production of oil and natural gas in Colombia and Ecuador. It holds interests in the assets located in the Middle Magdalena Valley and Putumayo Basins. The company was founded on June 6, 2003 and is headquartered in Calgary, Canada.
Targets : CAD 2.4 - 4.8
Support Level 1 : CAD 4.78
Support Level 2 : CAD 2. 40
When Break the Level $1.25
Resistance 1 : CAD 0.52
Resistance 2 : CAD 0.21
**Disclaimer - This is not a financial advice, please trade with caution and on your own risk. This prediction Based on My Dreams.
I would appreciate your feedback on my analysis. Do not view this idea as a recommendation for trading or investing.
#GTE New Targets CAD 2.4 - 4.8Sector: Energy Minerals
Industry: Oil & Gas Production
Gran Tierra Energy, Inc. engages in the exploration and production of oil and natural gas in Colombia and Ecuador. It holds interests in the assets located in the Middle Magdalena Valley and Putumayo Basins. The company was founded on June 6, 2003 and is headquartered in Calgary, Canada.
Targets : CAD 2.4 - 4.8
Support Level 1 : CAD 4.78
Support Level 2 : CAD 2. 40
When Break the Level $1.25
Resistance 1 : CAD 0.52
Resistance 2 : CAD 0.21
**Disclaimer - This is not a financial advice, please trade with caution and on your own risk. This prediction Based on My Dreams.
I would appreciate your feedback on my analysis. Do not view this idea as a recommendation for trading or investing.
GTE - SEP 27GTE - SEP 27
it just moved and look safe of entry from here
just a thought not an advice
GTEAppears to be in some sort of on going complex correction. With WTI prices looking to bounce I think GTE will take an impulsive 5wave count up to form a possible higher degree B wave in the primary trend. We are long form .39c
Back In The Ol' Gap With GTEGTE following the trend of the broader energy sector. However, volume isn't as strong as I would necessarily like to see for a full on breakout. But given the trend, it's gonna be nice IF GTE can bust back through this resistance level and stay there for a while.
"Keeping in theme with the other energy stocks on this list, Gran Tierra is a Canadian-based exploration and development company working in the fossil fuels industry. Up by around 5% at midday, GTE stock has been gaining momentum in several recent trading sessions. In the past month, shares of GTE have pushed up by over 25%, and in the past six months by over 125%. Again, we see the price of oil and gas companies continue to push up as Covid case numbers decline globally. While GTE is based in Canada, its exploration operations take place in South America, specifically in Colombia and Ecuador. It is also pursuing other opportunities in similar regions around its existing developments. A few months ago, many investors feared that Colombian national protests would have a major effect on oil and gas operations domestically. But, Gran Tierra managed to largely avoid any sizable shut down at its plants. Considering its role as a pure-play energy penny stock, it could be worth watching alongside dwindling case numbers."
Quote Source: Hot Reddit Penny Stocks to Buy? 10 That You Should Know About
GTE - REPEATING THE TREND, BIG GAINS COMINGI think the chart will explain itself but here goes.
Everytime the RSI gives us a Hidden Bullish Indicator, the stock runs far and in a short period (65%-180%)
After the run up, stock retraces to the golden pocket before starting up again
Major Trendline Support (can be used as a stop loss)
Oil is one of the few sectors that have escaped this 3 week bearish market
VPVR showing lots of Volume in this price range
GTE still remaining bullish ( Falling wedge )breakout will be above 88 cents, doubling my position if it hits 0.70. Lets see where this goes considering quarter ends soon
Potential 30%-60% gains. Earnings released todayGreat news with GTE earnings. Debt lowered, reduced annual cost in company.
TP1: 1.3
TP2: 1.6
