#MTDR $MTDR60 ABOVE last few days swing high breakout
61 above trendline breakout
already 21 ema above close
64/66 can test soon if breakout sustain
MTDR trade ideas
🛢️ Matador Resources (MTDR): Poised for Growth! 📈🚀📊 Company Overview:
NYSE:MTDR is a US-based independent energy company.
Recent interest from institutional investors signals growing confidence in its future.
📈 Growth Factors:
Anticipated completion of the Pronto/San Mateo connection in 2024.
Expected resolution of previous midstream constraints, driving further growth.
Solid revenue growth of approximately 18.09% as of December 31, 2023, outpacing sector peers.
📉 Trade Plan:
Entry: Above the $58.00-$60.00 range to capture bullish momentum.
Upside Target: Aim for $95.00-$97.00, reflecting growth potential and positive sentiment.
Risk Management: Set stop-loss orders to mitigate downside risk.
🔄 Strategy:
Monitor institutional investor activity and industry developments for insights.
Stay updated on company announcements and progress on key projects.
Adjust trade plan based on market conditions and emerging trends.
📈 Note: Exercise caution and conduct thorough research before executing trades. #MTDR #EnergySector #Bullish 🛢️📈
MTDR: Potential BuyCurrently retesting the s/r area and rising trend line. Expecting the price to keep going higher with a final target of 82 USD backed by positive analyst expectations.
$MTDR Clean setup on Energy StockClean levels to watch on $MTDR one in the energy sector that I am watching very closely.
Looks nice if it can hold that support this week and turns up. Lots to like.
MTDRHey folks, happy Wednesday
We seem to be in an inside day for MTDR and I believe that this is a really good opportunity to set up a buy order with a tight stop loss below the support.
MTDR | GuidanceJournal Entry
Bias: Positive.
Sentiment: Optimistic.
Emoji (emotion): Processing 🤖.
Null Hypothesis: Buy.
Alternative Hypothesis: Sell.
Signals: %B Buying patterns, MA Buying patterns.
Position: Short term day trade.
Notes: I'm anticipating an earnings surprise this evening (A.M.C.) www.estimize.com .
Other: ...
Tutorial: (Q/A) What exactly is the box labeled tolerance? The box labeled tolerance is a defined range of value & time that qualifies the right to exit the trade after profit is made; as long as the security is inside the box and above the trade's entry one could say the profit is within tolerance, likewise if the security is outside the box either because of value or time one could say the profit is not within tolerance. It's a way to add parameters to the future outcome (as a means to grade the journal entry) while simultaneously providing leniency in the ability to achieve success with said journal entry.
Disclaimer: My journal entry is not a complete prospectus, please consider it accordingly.
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About the Security: "Matador Resources Co. is a holding company, which engages in the exploration, development, production, and acquisition of oil and natural gas resources. It operates through the following segments: Exploration and Production, Midstream, and Corporate. The Exploration and Production segment focuses on the exploration, development, production, and acquisition of oil and liquids-rich portion of the Wolfcamp and Bone Spring. The Midstream segment conducts natural gas processing, oil transportation services, oil, natural gas and produced water gathering services, and produced water disposal services to third parties. The company was founded by Joseph William Foran and Scott E. King in July 2003 and is headquartered in Dallas, TX."
MTDR Insider Buy Signal & Technical BullishOur directorscope AI system generated yesterday a significant buy signal for MTDR.
Todays technical analysis shows, that this could be an interesting trade opportunity with a risk/reward ratio of 4.
Elliott Wave Analysis: The stock is inside a wave 4. Fibonacci Analysis shows, that the typical correction level is reached and the final wave 5 could start now. RSI shows at this points divergence behavior, which is bullish in short term as well. Stochastic indicator shows oversold levels.
We will open the trade for ourselves with a small position and risk 1% of the portfolio value.
Keep in mind, this stock is highly depending on oil prices.
Expectation Record MTDR for 26 - 30 April 2021Resistance 2 : 27.50
Resistance 1 : 24.50
Support 1 : 22.27
Support 2 : 20.67
Expectation Record MTDR for 19 - 23 April 2021Resistance 1 : 27.5
Resistance 2 : 25.53
Support 1 : 22.97
Support 2 : 20.60
MTDR must break 25.53 and stand above 25.53 in order to challenge new High. If not, will look into Support 1 : 22.97.
Expectation Record MTDR for 12 - 16 April 2021Resistance 1 : 27.5
Support 1 : 22.27
Support 2 : 20.67
$MTDRRectangle breakout formation. Watching for continuation. STOCH curling upwards out of oversold territory.
$MDTR Matador Resources On Breakout Watchlist
Potential breakout above the 200ma which has been resistance long term.
Indicators rising and bullish
Market rotation into the beaten down sectors looks likely to continue.
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MTDR was a top gainer, rising +270.64%. Expect Uptrend reversalMatador Resources (MTDR, $8.71) was one of top quarterly gainers, jumping +270.64% to $8.71 per share. Tickeron A.I.dvisor analyzed 95 stocks in the Oil & Gas Production Industry over the last three months, and discovered that 90 of them (95.24%) charted an Uptrend while 5 of them (4.76%) trended down. Tickeron A.I.dvisor found 227 similar cases when MTDR's price went up 15% within three months. In 139 out of those 227 cases, MTDR's price went down during the following month. Based on these historical data, Tickeron A.I. thinks the odds of an Uptrend reversal for MTDR are 61%.
MTDR - Long setrup MTDR- Break above $3.06, Target 1 3.63, Target 2 $5.53 and momentum from there. , Stop $2.13. Insider Buying present.
