Veren Inc T.VRN

TECHNICAL INSITE. GLTALongs.....

[Mrlongpants]

Flag (Bearish)

2024 Sep 25Daily

 

Short-Term Bearish

Volume	4,566,547
Close Price	8.54
Target Price	6.70 - 7.10
Pattern Duration	11 days
Inbound Trend Duration	9 days

Tells Me: The price seems to be resuming a sharp decline after taking a brief pause.

A bearish Flag pattern occurs during a dynamic market decline, representing a brief pause as the market "catches its breath" before running off again in the same direction. The pattern consists of two parallel trend lines, often sloping upward against the prevailing downtrend, and is confirmed when the price breaks down through the lower boundary to resume the decline.

Stomped out. Sold a bunch today. Bought back into TESLA.
Oil is unpridictable. GLTALongs

2024 Sep 25Daily

[packerdriver]

Timely! CNBC just aired a report that the Saudis are tired of shouldering production cuts for the rest of OPEC...plan to increase production before year end. Abandoning price protection, worried about losing market share...we've seen this movie before some years ago.

[Anschutz]

Clearly the saudis have chosen sides and would prefer Harris and democrats win in November. Another dynastic wealth generating opportunity appearing on the horizon for those sitting on dry powder. GLTA.  

[Mrlongpants]

Trump will be prez. Saudis have no choice. Harris and all her wierdows are trying to buy their way in. The american people,aren't stupid. Put your money in USA companies. Canadian companies have no power. No infustructure = no power. Oil buisness is with the US refiners only.PC will be are next federal government. Democrates are in the same pridicament as the Liberals.On the way out. GLTALongs

[packerdriver]

LOL...totally delusional!!! "the Saudis PREFER Harris and the democrats"??? This is AFTER they gave Trump's son-in-law TWO BILLION DOLLARS after the last election...(?????) Strange commnent/analysis from some far away planet!!!