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IMPP- a volatile penny energy stock LONG
Imperial Petroleum Inc.
Long
IMPP- a volatile penny energy stock LONG
Di AwesomeAvani
Segui
Segui
Aggiornato
15 apr
3
Festeggia
Festeggia
1
1
15 apr
IMPP stands to gain market cap if the barrel price of oil moves on the global markets under
the pressure of geopolitics in the Middle East. While it is a domestic producer and not involved
in transoceanic oil tanker transport, the price of oil is a global dynamic in real time. As a small
cap, when the oil price moves and IMPP's fixed expenses remain static, margins can increase
in a curvilinear fashion. IMPP once traded in the 40 share price range. I believe it is well
situated to jump if oil prices escalate in the near term. For another similar penny energy stock
albeit not domestic take a look at INDO. Targets are on the chart 15%, 30%, 30%, 25% partial
closures at each averaging 10-15% overall
15 apr
Commento
Zoom- in showing support and pivot low for stop loss placement
15 apr
Commento
INDO ( Indonesia Energy Corp) zoomed -in
15 apr
Trade attivo
Price hit the first two targets- and partial profits have been taken.
bollingerbandstrategy
Fibonacci
Growth
IMPP
INDO
longusoil
oilproducers
UCO
USO
Crude Oil WTI
Value
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