ConocoPhillips (NYSE:COP) 2019 May See $100

ConocoPhillips (NYSE:COP) 2019 May See $100

ConocoPhillips (NYSE:COP) 2019 May See $100 Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 59.37. The projected upper bound is: 74.90. The projected lower bound is: 49.41. The projected closing price is: 62.15. Candlesticks A black […]

ConocoPhillips (NYSE:COP) Technicals Bearish Divergence

ConocoPhillips (NYSE:COP) Technicals Bearish Divergence

ConocoPhillips (NYSE:COP) Technicals Bearish Divergence Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 54.83. The projected upper bound is: 62.89. The projected lower bound is: 58.74. […]

ConocoPhillips Profits Could Remain Under Pressure

ConocoPhillips Profits Could Remain Under Pressure

ConocoPhillips, like other exploration and production companies, has been struggling due to the weakness in oil prices. So far, the company has reported seven quarterly losses in a row, though the losses have gradually narrowed owing to the improvement in energy prices and the company’s cost-cutting efforts. In 1Q17, for instance, ConocoPhillips reported adjusted quarterly loss of […]

ConocoPhillips (NYSE:COP) Stock Technicals Overbought

ConocoPhillips (NYSE:COP) Stock Technicals Overbought

ConocoPhillips (NYSE:COP) Stock Technicals Overbought Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. By the way, prices are vulnerable to a correction towards 47.31. The projected upper bound is: 52.86. The projected lower bound is: 47.13. The projected closing price is: 49.99. Candlesticks A white body […]