Explosive Energy
Those who’ve know me know that we’ve bought Energy Stocks successfully off and on since last summer.
Clean Energy, Green Energy , Nat Gas, Solars, Oil, etc have been On Fire (No pun intended?) For newer readers, I want to post MANY visuals for you to see what has been happening recently, and then all will better understand what I am looking at when I post ‘Energy Stocks that I am currently watching ‘.
FIRST: Just notice the recent action in these energy stocks-
AAV – I SOLD WAY – TO – EARLY!!
You’ll Notice that once they start to break above a “Base” or “Consolidation phase” or “down trend line”…they have really accelerated . SOME DO drop back and “TEST” that break out area, others just run and dont look back.
SO—Here are a few that are just getting going. Buying here is slightly risky, because they may pullback & ‘Test’ the break out area (See AAV chart above for ex) . I often use a light volume pullback to the 10 or 20 SMA as an entry or just move on if they get too expended.
SU is Deceiving …it looks like it’s just getting going, but look at the bigger picture. WEEKLY – It is another good looking investment for the “BUY & HOLD” type investor, with a HUGE base break out & Test completed.
Here, Finally, Is what I am “CURRENTLY WATCHING” . These are what I call good “SET UPS”, and could do what they others are doing if/when they break out. (Sorry if they seem Quick sketched, I am in a hurry , but wanted to get this out)
XCO could break anytime I.M.O. ( And It’s back above the Moving Avges)
HK _Bought Friday – jumped the gun a tad?? 
KOG -Close up broke higher , and based again, ready to go again? Then look at the Big Picture chart that follows
I bought “AT”—Early, but the “STOP” is below the 50sma just below
I actually have more, but I have run out of time (WTI, PZE, etc ) …These “SET UPS” can be bought if they break higher on strong volume (My advice with experience – DO NOT buy weak volume break outs, they almost always drop back inside from lack of support).
LET ME SHARE just a few of our prior successes , to show how the “SET UP” can work.
BWEN BUY @ $5.70 on DEC 13
BWEN DEC 18- reaching $9.00
FEB 18 CPE – Inverse H&S formed…We got in early , then CPE 1 month later
CPE March 18
So those are Just a few ideas in ENERGY , a “watch list” of possible future trades (Watch XLE also, the ETF for energy).
PLEASE REMEMBER — Its best to be aware of when a stock that you own or are looking to buy has “earnings” coming out. Due Diligence -They can react a LOT that day!!
Best, -Alex
Great stuff Alex. I’ll be watching you’re recommendations, as well next week. Are you still interested (invested?) in AKS, or has it not shown the right stuff yet? To me, it looks like there’s some resistance overhead on the daily chart (can’t seem to break above red ichimoku cloud), but on the weekly chart, it looks like it’s ready to run. PSAR flip should be coming soon, I guess. *bort*
SVEN – I posted in the comments section above to reply to you , not knowing if this reply will reach you by email or not.
Thx for reading – Alex
Great stuff Alex. I’ll be watching you’re recommendations, as well next week. Are you still interested (invested?) in AKS, or has it not shown the right stuff yet? To me, it looks like there’s some resistance overhead on the daily chart (can’t seem to break above red ichimoku cloud), but on the weekly chart, it looks like it’s ready to run. PSAR flip should be coming soon, I guess. *bort*
SVEN – I posted in the comments section above to reply to you , not knowing if this reply will reach you by email or not.
Thx for reading – Alex
SVEN, Thx for the feedback. I do still have my position in AKS. Unfortunately…it can drop all the way to the 50sma and still be fine, still forming a cup & handle…so I watch the whole sector and other steel stocks (X, STLD, SCHN, etc ) and they are all ok, so I am still in. This chart is still valid – Its just time consuming : – [
SVEN, Thx for the feedback. I do still have my position in AKS. Unfortunately…it can drop all the way to the 50sma and still be fine, still forming a cup & handle…so I watch the whole sector and other steel stocks (X, STLD, SCHN, etc ) and they are all ok, so I am still in. This chart is still valid – Its just time consuming : – [
Thanks for the reply. The regular “reply” function seems to be working now, as well. I’m able to see both your post, and your reply. Onward and upward.
Thanks for the reply. The regular “reply” function seems to be working now, as well. I’m able to see both your post, and your reply. Onward and upward.
I received a private email about FCEL. It was purchased higher , what can be expected?? I replied…
When a stock goes PARABOLIC like FCEL, BLDP, PLUG etc …they
often drop hard when they get WAY overbought and run out of buyers to
support that price. Sellers take profit and prices drop.
SOMETIMES–they fly back up to the highs, sometimes they consolidate
sideways, so I am just going to show you a couple of POSSIBILITIES.
These are impossible to judge exactly…but this sector is expected to
do well in the long run. If you want to hold for a long time, it’ll
probably be ok, but if it was just supposed to be a fast trade….HMMM.
For now, it is getting over sold, you can expect a bounce (maybe more
soon) but it could drop further first , Please Click on this chart for possibility (Test 50sma? Testing break out?)
I received a private email about FCEL. It was purchased higher , what can be expected?? I replied…
When a stock goes PARABOLIC like FCEL, BLDP, PLUG etc …they
often drop hard when they get WAY overbought and run out of buyers to
support that price. Sellers take profit and prices drop.
SOMETIMES–they fly back up to the highs, sometimes they consolidate
sideways, so I am just going to show you a couple of POSSIBILITIES.
These are impossible to judge exactly…but this sector is expected to
do well in the long run. If you want to hold for a long time, it’ll
probably be ok, but if it was just supposed to be a fast trade….HMMM.
For now, it is getting over sold, you can expect a bounce (maybe more
soon) but it could drop further first , Please Click on this chart for possibility (Test 50sma? Testing break out?)
My second idea for FCEL is a sideways consolidation to allow the 50sma to catch up- something like this (Click on chart)
Thx for reading
My second idea for FCEL is a sideways consolidation to allow the 50sma to catch up- something like this (Click on chart)
Thx for reading