On the chart, we can see a rising wedge occurring for an energy stock.
We expect it to break the support zone and hit our target, which has a potential reward of 25%
MACD is showing strong indications to the downside.
Bearish divergences on the RSI.
As with the previous published energy stock, we expect a downside just like the majority of the energy stock have been facing lately.
We are therefore catching up on the remaining stocks from this sector.
We expect it to break the support zone and hit our target, which has a potential reward of 25%
MACD is showing strong indications to the downside.
Bearish divergences on the RSI.
As with the previous published energy stock, we expect a downside just like the majority of the energy stock have been facing lately.
We are therefore catching up on the remaining stocks from this sector.
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