( click to enlarge )Gran Tierra Energy Inc. (NYSEMKT:GTE) Nice Bullish Engulfing Candle today. It may be on the verge of making a nice move higher from here. Possible long entry over 7.73. The technical indicators are looking bullish. The RSI is rising above its 50% level and MACD remains in positive territory. All five EMAs are rising and the stock is trading above them. If 7.73 gets breached, GTE can rise to 8
( click to enlarge )Exxon Mobil Corporation (NYSE:XOM) looks like it has broken the bull flag formation which is drawn up by the white lines in the chart above. Wait for a follow through day to see if Bullls have regained control.
( click to enlarge )Caterpillar Inc. (NYSE:CAT) is still consolidating and may still have a chance to move higher here. Long entry is at 103.72
( click to enlarge )Pioneer Natural Resources (NYSE:PXD) RSI, MACD, EMAs and Stochastics suggest that the stock may face a short/medium term upward movement. If it breaks through 196.13, this stock could accelerate higher.
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Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in AC Investor Blog is often opinionated and should be considered for information purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don't consider buying or selling any stock without conducting your own due diligence.
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