Bottomcatcher
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Bottomcatcher is an independent investment research firm dedicated to providing trading content to its members enabling them to become profitable when trading the markets.

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๐Ÿ”” ALERT MESSAGEโ—๏ธfor Ticker (LBRT)

27/09/2021

LIBERTY OILFIELD SERVICES INC

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๐Ÿ“… Date: 27/09/2021

๐Ÿงพ Asset: Ticker (LBRT)

LIBERTY OILFIELD SERVICES INC

Trading information:

There
's a large number of energy sector components that have been making 52 week highs. The rotation into energy stocks over the last few months has proven to be a good investment. One name however (LBRT) experienced a sharp sell off in early June, and is now trying to reclaim those losses. This Weekly chart shows prices have halted at twin resistance as it try's to step back inside that steep megaphone pattern. If successful there's a +38% gain to be made at the June highs over the short to mid-term.

Note: This security is currently NOT in our buy zone.

Probability rating of breakout and follow through to target = 60%

If you are interested in trading this security or similar securities and would like specific ENTRY, STOP-LOSS and TARGET levels, in order to become profitable, along with updates and reports. Simply tap on the link below.

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