NYSE:RIG is in a good uptrend. All short term moving averages are above long term (200sma) moving average. It's also hitting Fibonacci 50% lvl. My target is the supply zone between $14.15-$16.66. Stop loss closing below $7.65 or for more flexibility close below $6.77
NYSE:GNL is #REIT. Good for holding mid to long term as you collect dividends. Short term is looking good with demand zone below and 9ema almost crossing above 21ema. Long term is still not looking good indicating by 50sma below 200ma.
Looking at the supply and demand zones along with Fibonacci, my prediction is this will be the path for month of August and may be going in September. This is just my opinion and please share you feedback. DYOD.
Open 1/4 size here and if it dips below then buy with rest of the 3/4 size.
Bullish on ATEN due to it breaking through clear resistance.
Please see chart. This is my views only based on previous trend that I notice.
#ARLP breaking through key resistance which was support before. Keeping tight stop loss as the chances of this going upside is good. Stop loss is pointed out on the graph. Coal is in high demand as many countries use it for their energy needs.
Huge buildup of demand in energy sector has created opportunities in coal. BTU crossed 200dma in weekly chart and look to sustain up movement.