Buying FANG soonIn between 100 to current price of 109, I would be looking to buy in tranches.Longby dchua1969Updated 2
$FANG with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $FANG after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 55.56%. Longby EPSMomentum1
FANG will come down under $100It broke the trendline. FANG will be coming down under $100. Late Oct / Early Nov should be a good bottom to buy. Shortby The_Lawnmower0
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A Conundrum/ The Oil Pull BackFor me, it just does not look like it is time to pull back fish in oil waters just yet. Not to hold for the long term in my IRA etc. I drew one rising wedge that is in this chart. There are several others under price. There is one rising wedge in this chart that with a bottom trendline below $70. FANG broke up and out of a bearish Rising Wedge as did many other oil stocks including CVX, XOM and EOG (one of my faves). Breaking up from a Rising Wedge does happen when there is extreme bullishness and this pattern is not valid until the bottom trendline is broken. This trendline can take months or even years to break but in the end that trendline is broken. TGT is coming close to breaking the bottom trendline of a Rising Wedge from a few years ago. The 20 DMA is still above the 50. If the 20 crosses down through the 50, that could be a big warning sign if you are already in this security. A Rising Wedge is a little bit like a triangle but both trendlines slope up and price narrows at the apex. A Rising Wedge advances from the reaction lows (lower trend line which is support until broken) become shorter and shorter, which makes the rallies unconvincing. This creates an upper resistance line that fails to keep pace with the slope of the lower support line and indicates a supply overhang as prices increase. I feel much of oil is short in the long term with a bear rally up in progress at this time. I have no idea how far up this rally will go, but overhead resistance levels can lend a clue. So far today there is a green Marubozu which is bullish but this can change by close. The top is at a level of resistance. When the talking heads are saying "Buy, Buy, Buy", it is often time to take your winnings and leave the room. No recommendation.Shortby lauraleaUpdated 3
$FANG with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $FANG after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 80%. Longby EPSMomentum1
$FANG Diamondback Nearing completion of Bump & Run Pattern Hopefully you find the chart helpful in terms of Supports & Resistance etc. we refrain from adding commentary on the chart as that is reserved for our members and we are very conscious of not giving financial or trading advice. Thank you for taking time to consult our chart and we would really appreciate a like, follow or comment.by Xclusive-Trading7
FANG: Rising Wedge / Bearish DiverganceGiven bearish divergance on the weekly chart (after a quick rise upwards)... After some consolidation at current price level, I believe a price reversal will occur. Not trading advice. And this is only based on technical analysis.Shortby HassiOnTheMoon0
Cup and HandleEarnings in January. Possible stop below handle low/HL. Price was over long entry level and pulled back below in a few weeks. Some call this a throwback verses a pull back. Throwbacks can hurt performance. 3 year and most recent high is 117.71/Long term high is 140.78. Sector is known to be volatile. I am keeping an eye on the top and this Does need to surpass most recent high. I try to stay updated on what is going on in the oil world, which changes daily, and was thinking I should sell my oil stocks a few days ago, but seemed like they just pulled back some like everything else as of late, so I am still hanging in there. So far I plan to hang but am keeping my ears open. I own FANG, XOM, EOG and Gush (Gush is very risky and is leveraged). Lots do not like to fool with oil due to volatility, and those who do have their own favorites. They move together anyway. No recommendationby lauraleaUpdated 661
US Stock In Play: $FANG (Diamondback Energy Inc)classic bullish flag undergoing a pennant pattern consolidation setting up for rally.Longby jfsrevg3
FANG- Holding at upper channel.Fang is holding at upper channel . Multiple top pattern. Pull back in oil prices will impact this stock .It may come back to break out poing 102.53 by Tweezer_KaranamUpdated 0
LONG- FANGHere is my take on FANG using 5 key elements for analysing charts. Strong stock in the current market environment, showing strong relative strength (RS) and breaking out of a cup base (36% depth, 14 weeks)Longby Michael_Canturi1
FANG: Cup'n handle (81%), WEEKLYAnother ressource/energy stock showing a cup'n handle on the WEEKLY. Not confirmed yet. Broke through the 100$ resistance. Need to keep it there to confirm. If confirmed: Price target = 180$ Stay humble, have fun, make money! Longby LeLaf2
Diamondback Energy (FANG) - [W1] - HODLING LONG & STRONG!Diamondback Energy (FANG) - Long this hydrocarbon producer starting Spring 2021 on anticipated inflationary pressures driving hydrocarbon energy such as oil and natural gas higher, along with legacy hydrocarbon ("fossil fuel") exploration & production companies higher. Now riding the global energy "crisis"" wave much higher yet still. Ultimate price target on the underlying oil and natural gas as well as the shares of oil and natural gas production companies remains as of yet unknown given emergent global energy situation continuing to unfold! See description (below) for further details...Longby AlphaBeta0
FANG - To the MOON! 🌕-NTM PE: 6.7 -Expected YOY Sales Growth: 110% -YTD Returns: 63% Longby caldooninvestment2020103
$FANG is setting upGuys please see $FANG Set up, ^618% pullback would be a good level if it gets there , if not watch for breakout over weekly inside bar level noted/ i will update plan, I think $GUSH can see 100$ as well I will attach chart. I labeled other harmonics that is how i see the markets, nearly instantly. Longby HiddenharmonicstradingUpdated 5
$FANG Energy Name Breaking Out?$FANG beat on earnings and has been a big gainer on the year. I'm looking for this to hold into the day and if it does I will likely open a position near the close (I want to make sure it holds up). I like how it's currently breaking above the short down trend line and the oilers are hot right now. Ideas, not investing / trading advice. from earningswhispers.com Diamondback Energy Beats Diamondback Energy (FANG) reported 1st Quarter March 2021 earnings of $2.30 per share on revenue of $1.2 billion. The consensus earnings estimate was $1.73 per share on revenue of $976.9 million. The Earnings Whisper number was $1.94 per share. Revenue grew 31.7% on a year-over-year basis. Diamondback Energy Inc is an independent oil and natural gas company. It is currently engaged in the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. Longby jaxdog1
FANG - TARGET TP2 - HISTORICAL RESISTANCEDiamondback Energy Inc. (FANG) Pioneer Natural Resources (PXD) Plug Power (PLUG) Williams Companies (WMB) REASON: The world is changing the way energy is produced, and changes in consumption patterns related to the pandemic have only accelerated the changes. Production with less carbon and no carbon is increasing, so look for companies that can gain from their contributions to California's new electric vehicle mandate. In addition, I looked at energy stocks that offer above-average dividends to help boost other sectors in my portfolio and may be good buys with today's discounts, but they need a longer lead to show returns at more normal levels. by tdgatti2
TRIANGLEThe stcok is forming a triangle pattern and holding EMA50 as support. should watch and enter into a long positionon a break of triangle. Stop will be under EMA 50Longby Suxxx222