Buy Dominion EnergyDominion Energy looks like it could start moving back upwards. The downward momentum is waining off, and is hitting a prime support right now.
1D trade ideas
Potential Cup and Handle on DominionNYSE:D
Not currently in this one yet, but watching closely to see if a handle starts to form. Let's hope it completes
Dominion Energy $D$D broke the rsi downtrend line out and tries to break 50SMA. worth to watch this stock. We may get in if holds above $82.67
12 months Consensus Price Target: $82
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Enter Now , IF dips below 72 Let it go ....looks to be at the bottom of the pennant IF it is forming one...
tight stop loss since we are sitting just below resistance and the 200 day is just above us on the 3 day .
Keep a loose stop if you're in it for a mid term trade .
Enter straight away and if we loose 72 let it go..... 91 is where i expect a pause if we break up.
Targets on earlier HTF chart
$D Buffet Falling Off ShortNYSE:D with $XLE looking like a rocket ship to downside. I was not expecting this horrible of a move on the Berkshire news. But there is one thing for certain (possibly two):
1. 2020 is off to a bumpy start w/ selling the airlines before fed intervention.
2. Market seems to do opposite of what buffet does. POTUS/Fed making a statement? (Opinion) 🤨😂
Have a good day everybody and good luck! Will try to post ideas more often.
Buy Now but get out at 87.1 & Stop Loss @ 78.59Next Target Price @ 87.1
Stop Loss @ 78.59
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RS with Major Index- OK
RSI - Ok SAFE
Support 79-81
Avg Volume - OK
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Latest news- Berkshire to buy for $4b and assume $5b debt
this will spike vol & price Monday.
REMEMBER, Berkshire is NOT buying the ENTIRE business, but a lot of folks
will jump on a driving price higher than TP. This NEWS is NOT good for Dominion... They need CASH,
but this is GOOD news for Berkshire
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Recommendations:
BUY Now but get out at 87.1
Personally, I am happy to run at 6% return.
BUY for DOMINION ENERGY at market openningHey traders, **DISCLAIMER** content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. DOMINION ENERGY gives a bullish sign, it can do a pull back, to turn around and start up again.
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Demand of Dominion Energy....!Buyers are active in the current price, and if the volume increase the price will break the resistance level and go beyond the resistance.
If the prices come lower level and breaks 77.50 level it is predicted that it will move do down direction.
----4 hour chart----
In 4 hour time frame price is creating a value area,
if The buyers are more active then the sellers, price will break the value area and it will go up-direction. And if not the price will continue its move zig-zag formation.
"Goody Bag", for Breakout Traders!Price-Congestion is going to mature. After accumulation or distribution process from money-makers, price will move far away from current value which will be result as Breakout.
Right identification of Breakout will fill your portfolio but, always require patience. There're lot of traders works when breakout. If you are this type of trader, then ready!
Point should be careful while breakout are following:
Pin Bar
Volume surging with price
Gap
Invalid candle
Last and First of secession
etc.
Best of luck...!
I'm Bearish on D: < $70First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion basis. That being said, let me get into a few points. I am bearish on Dominion Energy given many analyst are giving it a sell rating, I don't expect it to likely have had a positive earnings call this time period. If it isn't so flat, much improvement wouldn't likely have been seen. That is why I think it will go down to at least the $70 price point quite soon.
Dominion Energy double top short tradeThere is a double top formation on Dominion energy with significant bearish divergence. Price is currently at the neckline.
Dominion Energy in Strong bullish channel Entry level $81
Target Price $89
Stop loss $79 just below mid channel support.
Bullish moving average, golden cross complete.
RSI on verge of breakout.
Sentiment change on new GREEN PLANS
COMPANY PROFILE
Dominion Energy, Inc. engages in the provision of electricity and natural gas to homes, businesses, and wholesale customers. Its operations also include a regulated interstate natural gas transmission pipeline and underground storage system. It operates through following business segments: Power Delivery, Power Generation, and Gas Infrastructure. The Power Delivery segment regulates electric distribution and transmission. The Power Generation segment includes regulated electric fleet and merchant electric fleet. The Gas Infrastructure segment comprises gas transmission and storage, gas distribution and storage, liquefied natural gas import, and storage. The company was founded by William W. Berry in 1983 and is headquartered in Richmond, VA.
21 - 50 Crossover
The 21 EMA crossing above the 50 SMA tells us the pattern is breaking, and the breakout gives us confirmation....really starting to like using moving averages.
The first target would be about 81.00 (from the last vertical line).
The second target would be about 90.00 (from the 1st vertical line).
The fundamentals of this company lead me to believe this swing trade may turn into a longer trend trade with the second target likely.
Dominion Energy, Inc (D)(NYSE) Buy $76.90 >>> Target $78.62Dominion Energy, Inc
Dominion Energy, Inc. produces and transports energy.
Stock - NYSE (USA)
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Buy - $76.90
Take Profit (Sell Limit) - $78.62
Stop Loss (Sell Stop)- $75.19
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Take Profit = +2.22%
Stop Loss = -2.22%
$D Set up for Short Term Swing Trade$D has hit a resistance at $76.90 and has potential to fall and hit its next support line which would be a 5% profit from the price now. If it can continue to Fal to its second support line then the profit would be 7.9%. If it can continue to fall to its third and final support line then the potential profit would be 10%. All while still only risking 1%.
D: I am newbie in energy sectorMy basic concepts are right but what goes inside these businesses is foreign to me. More I look at this chart, more I get excited. Marked flushed yesterday but entire energy sector did the opposite.
This will be my energy trade on Monday.
Apr 18th: 77.5 calls
