XLE – Buying the 3rd wave
Within our Group 3 journal we have been calling to go long on XLE as it was due to enter our wave 2 box – which it did yesterday. Before we formed our blue box, we saw...
Tag: XLE
Penn Virginia Corp ($PVAC) Getting Ready To Bounce?
Another blog on a great looking Energy producer. Yes, this sector has been under a strong bearish trend. But, there are some names that have better structures than others. Penn Virginia Corp chart has a great technical...
Matador Resources Co ($MTDR) Bullish Potential
Energy producers. It is a sector that has been in a strong bearish trend since the June peak. But there are some companies that have better structures than others. Matador Resources is one of those companies that...
XLE Selling The Short Term Elliott Wave Blue Box Area
In this technical blog, we are going to take a look at the past performance of XLE 1-Hour Elliott wave Charts that we presented to our members. In which, the decline from 4/23/2019 peak took place as...
Elliott Wave Structure Suggests XLE Topping Soon
XLE Topping Soon Taking a look at the recent Elliott wave structure in XLE suggests a top may be near. Starting from the 12/24/18 low at $53.25 the energy ETF shows a 5 wave impulse in wave...
XLE Buying The Elliott Wave Dips
In this technical blog, we are going to take a look at the past performance of XLE Elliott Wave 1-Hour Charts that we presented to our members. In which, the cycle from 12/24/2018 low took place as...
OIL Elliott Wave Impulse Structure Calling For More Upside
OIL short-term Elliott Wave view suggests that the decline to $63.59 on 6/18/2018 low ended primary wave ((4)) pullback. Above from there, the instrument has rallied to new highs already. And confirming the next extension higher taking place in...
HFC HollyFrontier Corporation Impulsive Elliott Wave Rally
Holly Corporation and Frontier Oil merged in July 2011 to form HollyFrontier Corporation (NYSE: HFC). The company is a petroleum refiner and distributor of petroleum products, from gasoline to petroleum-based lubricants and waxes. Over the past 2...
CVR Energy CVI Showing Bullish Structure
CVR Energy (NYSE: CVI) is one of the best performing Energy stocks in the recent 2 years yielding +220% since November 2016 low. Despite the correction taking place in the stock market, CVI did manage to retrace the whole decline...