$USOIL has struggled for obvious reasons, COVID. However, it climbed 43+ today and is mildly hyperbolic. It would be surprising to see no retrace under 43, but in the moment, indications are the 45/bar mark could be sooner realized than previously thought: This should impact the oil giants, and personal pets $HAL and $LBRT, quite positively throughout the...
FCEL has struggled since its strong open on Wednesday. After flirting with 3.5/s, it has come back to earth and hovers sub-3. That said, the graphical harmonics still illustrate the potential, notwithstanding FCEL could not break the FIB point at 3.04, except temporarily -- It recoiled to that FIB point and now sits just below it. The trusted EXIT point is still...
While initially, before analysis, was hoping to target SELL Point on $FCEL in the 4.5 per share region, FIB Tracements, recent behavior, and a max peak today of 3.48 are indicating that the top out targetted now will be just over 3.6 per share. That said, there may be more room to run, but if it returns to what it already did when it nearly touched 3.5, this 3.6...
FCEL became a dump when it traced sub 2.1/s during a deep trough to a short (in duration) fourth consolidation wave. The sideways and downward motion appears to have come to its halt. While some pre-emptive panic caused a slight loss during that re-trace, the entry point at 2.9 looks SPLENDID with a target zone between 3.2 and 3.3 per share, which it could spike...
$HAL has finally spiked that elusive 16/s mark it flirted wtih ever so briefly before. Now marks a graceful point to TAKE PROFIT and exit this position. Market volatility is high and $USOIL has struggled to surpass and claim 42+ per barrel. HAL 1st Entry was @5.09 per share HAL 1st Exit was @12.81 per share Hal 2nd Entry was @ 12.7 per share Hal 2nd Exit will be...
In terms of taking an overall consensus, there never really has been one on TSLA's futures. That said, there seems to be a real balance between those calling for SHORTS, and those who are too bullish on Musk's company to even consider a short. What this indicates, the apparent stagnancy (which isn't at all) is that Tesla could FINALLY be - at least for now -...
Sun Power spent a solid month between 9.5 and 10.5 per share (The first "idea" of mine was dated July 15th calling for the potential LONG on it). It closed today at 11.5 and then reported earnings which were slightly (decently even) less negative than the projections yielded. That said, its bull run should be somewhat tempered by a negative report even so. A...
USOIL began the day spiking over 43/bar and showing over 4% growth. It has since come back to earth, with earth being the top-Fib placement. The short already should have occurred - It probably will stabilize around the 42 mark -- then it might be a while before recapturing steam en route to 45/bar. Of course, this is typically a stronger quarter (the 3rd and 4th)...
The long-awaited push past 43 per barrel now has taken place for oil, which renders key oil industry cog Halliburton on the rise. FIB Tracement shows a sell-point at 15.7, but tracing growth curves Halliburton should probably encounter precious little resistance until it goes 16+ per share: At that point, there is the first exit for a swing on this -- Though, this...
Sun Power oscillated between roughly 9.5 and 10.5 per share during a somewhat longer "handle" phase, but it is now breaking out and is 11+ per share. $SPWR reports earnings today (Wed) at market close. It is projected to be -0.36. We will have to wait and see if it swings a positive earnings report, against expectations, which could push SPWR even further - even...
Now is a good time for those waiting on COVID oil corrections: LBRT fell below 6 per share last week, and it provided a GOLDEN ENTRY POINT for the Long now en progress. Oil is 43+ per bar. and most oil commodity traders are LONG on $USOIL -- the same logic applies to Liberty Oilfields. Expect the real gains to follow the rest of the week with oil starting out...
FCEL had the makings of a nice long - it even flashed the potential of going +3.1 / share. It has lost all momentum in this latest correction wave with a virtual complete retrace of the third correction wave. The warning was that if this hit 2.1/s it would be in dump territory and it's pretty much there now. As to whether to hope for and wait on a slight...
Fuel Cell appears to have now reached its "Fourth Trough," and it checks out as higher than the previous three. The mark to watch w/ caution was 2.1 per share, and with it bouncing fine off 2.4, the continued step-up in correction wave continues: That is NOT to say things are now BULLISH on this holding -- but exhale, the bleeding appears to be coming to its...
A true value for TSLA could be +/- 1200 per share; margin/range: 1170-1300 retest point for TSLA. =Trading 1.45k+ it is now in SHORT territory for those seeking either profit and/or a reposition on the NASDAQ's hottest stock. -Post-earnings, the cap has been set and a peak over 1.7 was realized but a re-test of that may not even be possible until the 4th Q. ...
Sun Power $SPWR is forming a long handle following the cup seen previously in my last SPWR post. This corrective pattern now has this trader sitting at 1cent per share below an avg . cost of 9.75. It still remains to be seen if this can go parabolic, make a big run, and break from the cup and handle. As to the certainty it does? It is hardly based on chart...
Fuel Cell has crashed harder than expected and there are a lot of bearish indications on this play now. The average cost is blown (2.79) and now it is pushing towards a trough near 2.4/share. It's tough to guess if this bottom goes even further. Caution is advised; this is never true advice -- but I will NOT be doubling down on FCEL. The hope is to eventually...
FIB retracement shows indications of a final-long on $HAL w/ the current entry point still providing strong value. On a great day for the market overall, Halliburton is on the wave of corrections again: USOIL is pushing towards 41/bar and could hit 42+ by the conclusion of the trading week: Again, this is an "all systems go" for the same $HAL long that has been...
Sun Power is forming a cup and handle. The corrective action seen was the base - this wind-up is due to set $SPWR to an annual high as it's closing in on it through the first-half of Wednesday's trading session. No defined exit point: This upside could be immense. Further updates to come after it passes 11/share. Currently 10.54 w/ a 6.84% increase on the day....