SWN Above The Cloud - Swing to $5?

Textbook Ichimoku Cloud reversal signals supported by a curling 50MA. Fib Extension based on movement during Oct 2020, paired with immediate trend lines suggests a 4-6 week $5+ price target with some resisance at $4.75.

Confirmation of the new trend will be a continuation to $4, followed by a pullback and bounce off of the $3.70 area.

Possible lon

Yorum:

Possible long option call entry around $3.75.