Quick buy update ….
Dedicated to KNIGHTS comment in my first report. I have to post this now & add charts later or it’ll take an hr.
I mentioned that I bought yesterday due to action in GDP , SD EXXI . I mentioned that I wanted to buy GST in the comments section. IT IS A BUY NOW, Along with WRES .
Take a look …GDP, SD, EXXI , GST . These are still breaking higher, they have follow through . look at AAV & FXEN – The danger may be not being in any energy when they start running again I.M.O.
SO what do I think is next, since no one likes to chase?
I see WRES , GST as a buy right now NADL, KEG, SFY , LGCY, BAS, HK want to break out in my opinion . DNR, TPLM , REXX are good set ups also, not looking quite ready, but could turn higher anytime. .
SO LOOK AT WRES breaking above the 50sma, I bought it this a.m., looking for follow through ….and SFY trying to break the 50sma, buy if it does or now before it does. I think WRES, GST,SFY, are a buy NADL, ,LGCY, KEG, BAS are ready to go soon , in my opinion. Also could be bought in anticipation.
Check back here in a while ( You will not get another alert) I will add charts of WRES , GST, NADL, SFY, KEG, BAS
Note BAS flat base looked like SD 2 days ago riding the 10sma.
BAS

SD yesterday..higher today

WRES. I noted this was ready in todays report. I bought this a.m.

WRES – just broke the 50sma, could move nicely higher soon

GST – see how it rides the 10sma in boring fashion, then surges? That is what KEG & NADL seem to be doing.

More charts to come…check back
NADL –FEB 5 in the base… 
Close up now after the POP , Bull Flag?

SFY – In the base, ready to break out?

KEG in the base , trying to break out (Above the 50sma)

Many of these are moving out of bases, some trying to break above the 50sma resistance, others pulling back to them. These are possibly on the verge of moving higher and I wanted to share them so you can find low risk entries. Use stops and honor them.
~ALEX
Oh yeah, and every now and then you get one of these 
FXEN Feb 11th

FEB 18 4 trading days later due to holiday

https://chartfreak.com/wp-content/uploads/sites/18/2015/02/dogs.jpg
608
928
Alex - Chart Freak
https://www.chartfreak.com/wp-content/uploads/sites/18/2019/11/Chart-Freak-site-logo.png
Alex - Chart Freak2015-02-18 16:26:522015-02-18 17:12:19Part 2 : More On These DOGS
The Dogs Are Lining up.
Expecting what?
Scroll to top
thanks!!
You’re welcome. I had just read your comment and then saw GDP, SD, and EXXI still had good follow through . Then I noticed WRES and SFY trying to get above thier resistance, so Thought I’d see if a quick post would help.
No such thing as a quick post with my charts . lol
Alex, MHR seems to have a similar set-up and maybe good if it cracks the 50dma?
It is similar. It looks to have broken above the 50sma and then dropped back down to the 10sma. So lats say you jinxed it (Dont worry, I do that ALL THE TIME : )
It does look like it wants to break higher soon, if this sector stays strong.
Hi Alex. This is a unique and invaluable service you are running here. It has everything … education … daily trade set ups … swift follow up to questions. And always on the money. Your work and attention to your subscribers is very much appreciated.
Thank You Conrad, I appreciate that..
I really am just trying to help people here, we have a good group of people, investors, and traders. I hope we are all making a little money here and there. : )
ditto. … annnd a side of humor to boot ..well, i guess u could call it humor? ;o)
Lol- Aaaannd funny commenters that often pick on me. What more could I want?? !! ; )
Love when you make posts like this Alex!
Thx Mark, I hope it turns out to be useful.
Maybe that afternoon pullback that we usually get will offer some nice entries. I want to add a bit to WRES.
Already own it from when you first suggested it. Thank you:)
Me too really, it needs a little gun powder to get it over that 50sma. Today was a good attempt. : )
URRE broke out nice:) Eye balling GST / NADL /GDP to add before close today. Thanks Alex.
Hey Ash,
URRE looks like it may just be getting going too.
So far these ENERGY stocks have run up and gone sideways , run up, gone sideways, so they may pullback to their moving averages after a run too, try not to buy any too extended above the 10sma. .
Look at QTWW using a 13 sma only. Pretty good.
SO expect a few down days here and there too. Again , Dont buy any tooo extended , I like WRES in relation to its moving averages today too. Best wishes.
Alright .thanks.will watch it closely. I see Nadl holding up nicely the 10sma so far.I was thinking of an entry with a stop 1:86-1:90.
My last round of buying averages $2 and I’m giving it to $1.90…in case it goes down to the 20sma, then I’ll look to get back in down there.
.
What do you think about ANR, if i could break 50 sma, what could be target? I bought at 1.28, where would you place stop loss?
I like the coal stocks here near the lows , but they’re pausing a bit. Above the 50 sma it should run to $1.80-$2.00 (Maybe Higher later). Under the 50sma it could drop to $1.15 area if they endure selling.
Robert, Rare earths look like they’ve made a temporary high today. REE 20 cents off it’s high today. Can you look at a few of them if they settle down? Thanks again!
Yes, it may take a while for them to settle though. Keep reminding me if I lose track : )
Great reports today Alex…..Thanks