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  • ninner
    Senior Member
    • Dec 2004
    • 524

    swn

    who thinks SWN is a good buy????
  • New-born baby
    Senior Member
    • Apr 2004
    • 6095

    #2
    Originally posted by ninner View Post
    who thinks SWN is a good buy????
    Weekly chart shows symmetrical triangle. A breakout either way points to a big move. It appears that move is coming very soon. A fall below the current $27.50 on any volume says that SWN is falling $20! A breakout above the $32.50 marker suggests SWN is returning to the $52 range again. Hmmm. Apparently your FA says $52 is coming back in style. Hmmmm. Sure is worth watching, or taking a small position in right here.
    pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

    Comment

    • mrmarket
      Administrator
      • Sep 2003
      • 5971

      #3
      Geez...this one is all about the price of natural gas (which seems to be rebounding, by the way).

      Too tough to make that call.
      =============================

      I am HUGE! Bring me your finest meats and cheeses.

      - $$$MR. MARKET$$$

      Comment

      • brewmeister
        Junior Member
        • Feb 2009
        • 1

        #4
        Originally posted by ninner View Post
        who thinks SWN is a good buy????
        SWN long I think but I am still not interested yet.

        Comment

        • mrmarket
          Administrator
          • Sep 2003
          • 5971

          #5
          I was at the Wharton Energy conference and there was a lot of talk about environmental regs coming in to limit fracking. This will increase cost of finding natural gas which should reduce supply somewhat.
          =============================

          I am HUGE! Bring me your finest meats and cheeses.

          - $$$MR. MARKET$$$

          Comment

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