Tag Archives: XCO
ECA…XCO Trade Alert!
We’ve been in and out of these stocks, and some of you are long. For those that aren’t, we are BUYING both these names @ the market!
Energy Traders…Energy Names
Natgas names are up big….lock in some money! Energy as well as everything else is overextended short term. Price action around 80.90 in the oil will be critical to sustaining a rally. We have meetings this A.M. and will be … Continue reading
NATGAS Names
XCO…seems to be the best of breed. 7.20 was last months close. Look to buy this against 7 on weakness with a half dollar stop. maintaining these levels will tgt the high 9’s. CHK…already had a big rally off 13.30 … Continue reading
A.M. Look 5/29/12
Crude Oil…The levels have not changed. 91.70 will be pivotal with 92.45 next resistance. OXY… by maintaining higher on the week, expect an attempt @ 82.67 followed by 83.45…the risk is 80.20 Nasd 100…resistance is 2592 followed by 2626 EUR/JPY…99.68 … Continue reading
A.M. Look 5/9/12
EUR/GBP… there is no significant big swing Fib support until closer to 79. EURO…looking at a 12 year semi-annual chart, 122 is in the cards longer term, via 126.40-60 as long as it remains below 130.70. AUD/USD…following the same swing … Continue reading
XCO…Trade Alert!!!
Yesterday EXCO resources put in an ORH day. This is a cheap look against 7 dollars. Put this on your buy list, on weakness. 7.67 is the 50 day mvg avg. This could easily test 8.15.