Obsidian Energy Ltd. (NYSEMKT:OBE)
Bands
Volume
200 SMA
50 SMA
20 SMA
Videos
Alerts
Articles
Events
Old Forum Content for OBE
Make a Forum Post Become a member to view recent forum posts. Already a member? Sign in here.
-
geotheo: $OBE Earnings news:
08:38 AM EST, 11/08/2022 (MT Newswires) -- Obsidian Energy Ltd. (OBE.TO. OBE) was down 6.1% in premarket New York trading after the company on Tuesday said its third quarter profit dropped 13% despite higher oil and gas productio ... - geotheo: $OBE - Oil stock. Squeeze of the price range between the 50 and 200day MA. Seems to be breaking out over the 50 day. Earnings coming on Nov 7th. Earnings run? I kind of like the setup here on the daily. Weekly chart the 50 period MA is catching up to the sideways price action. Obsidian Energy Ltd. is an exploration and production company. The firm engages in exploring, developing, and holds interests in oil and natural gas properties and related production infrastructure in the Western Canada Sedimentary Basin directly and through investments in securities of subsidiaries holding such interests. Its property portfolio includes Cardium, Viking, and Peace River. The company was founded on December 27, 1979 and is headquartered in Calgary, Canada.
- vitoB: Fell into a rabbit hole when looking at ‘similar tickers’ section of $OBE. ’ … $CPG $VET $CVE. All reign from Calgary. Vet is a beast and is too far above the 50 for me. CPG looks just like OBE. Any speak to anyone , eh?
-
DAN: ...
$OBE -- Stop is at 9.10 with a basis of 9.25. The pre-market print is now 9.17.
I really cannot say whether the energy sector is going to rebound today, tomorrow, etc. My opinion is that this sector will continue to move higher in the coming months ... - Docoof: @vitoB $OBE $CPG $VET $CVE After getting the green light from Scott, I traded $CPG in May and did well. I left a trail of posts behind. It looks like it reset to a set-up that’s somewhat similar for a possible repeat performance.
- Firemedic: @DAN $OXY $APA $CLR $HAL $MRO $NOG $OBE. As a long time member . I really appreciate the Active Trade List and the conservative manner in which you execute it. Both you and Scott are awesome of giving timely changes to your actions with your trades. Thank you
-
DAN: ...
$OBE -- This is below the VWAP and not acting well. Shutting it down for a very small 15 cent loss.
$OXY -- I'll place the suggested stop at 69.55, which is 35 cents lower than the current 69.90 stop and just below today's intraday low. The cost ... - DAN: @Firemedic $OXY $APA $CLR $HAL $MRO $NOG $OBE I really appreciate you letting me know that, Firemedic. Trading in this market is pretty time-intensive and it can be challenging to stay on top of things. But we do our best, and it's nice to know that you see it. You're awesome! Dan
- vitoB: $OBE holding the recent 9.55. Next level would be 9.30 for me
- jwheels: Looks like $OBE was stopped out today as well.
-
DAN: ...
$OBE -- Stop remains at 9.10 (Basis 9.25)
$APA -- Stop remains at 37.50
$HAL -- Stop remains at 29.75. Phase 2 pullback. Now at 200-day MA. 31.50 basis. Now down just 20 cents.
--Dan
For a complete list of all Active Trades, click here: https://st ... - efrain007: @DAN $ASML $RTX $LMT $OXY $SSO $QLD $NOG $CLR $SLB $MRO $OBE $APA $HAL Speaking of supply/demand, it’s interesting that PC parts pricing is coming down. My son builds gaming and office PC’s and last month I told him I was looking for a new PC. He quoted me $1300. This weekend he tells me it’s now down to $1100 for the exact same build. I didn’t understand why computer parts are going down while everything else goes up. He has nothing to do with $BTC or trading but according to him when $BTC goes down computer parts tend to go down too because there is less demand from miners. Don’t know if he’s right or wrong but food for thought.
- DAN: Stop Adjustments on Active Trade List I’ve adjusted some stops on the Active Trade List: $RTX -- Stopped out. In a channel. You could sell 90 puts if you like the stock. Today’s trading looks like a hammer -- likely to hold up. But I’m not looking for a stock that will ‘hold up.’ $APA -- Raising stop from 37.40 to 38.50 (break even) $CLR -- Raising stop from 67.90 to 68.50 $HAL -- Leaving stop at 29.75. Inflection points like this can generate volatility. $MRO -- Raising stop from 23.55 to 25.15 (almost break even) $NOG -- Leaving stop at 29.50. Shorter term traders might want to raise the stop to just below $31.00 $OBE -- Raising stop from 9.10 to 9.40. $OXY -- Raising stop from 67.20 to $69.90 ($2 profit lock) $SLB -- Raising stop to 38.70 (break even). --Dan For a complete list of all Active Trades, click here: https://stockmarketmentor.com/active-trades-list/ .
- champ: @DAN $DLTR $SPY $DIA $IYT $MDY $IWM $QQQ $FFTY $DQ $CF $OXY $SSO $QLD $NOG $DRVN $RTX $CLR $SLB $MRO $NVDA $OBE $APA $HAL $PFE $MRNA $AZN $PTON........Yes sir, you said that correctly and that is exactly what I'm always thinking.........."by the Time we see it on the chart, it's #Old News"........... .......working #Pre set-ups is always important........ Monday will be a very important Day for the Markets and actually for all of next week, could either be more Sellers or Buyers, buying the dip, however the odds are, or the guess is, the Markets will probably drop lower, for a few more days and stock Pickers will also be at Work......Good Luck to All.....
-
DAN: ...
$OBE -- Stop remains at 9.10 (Basis 9.25)
$APA -- Stop remains at 37.50
$HAL -- Stop remains at 29.75. Phase 2 pullback. Now at 200-day MA. 31.50 basis. Now down just 20 cents.
Potential Shorts:
$PFE on any bounce. 200-day MA is now pointed low ... - jonwest88: @DAN $DLTR $SPY $DIA $IYT $MDY $IWM $QQQ $FFTY $DQ $CF $OXY $SSO $QLD $NOG $DRVN $RTX $CLR $SLB $MRO $NVDA $OBE $APA $HAL $PFE $MRNA $AZN $PTON When were the stop on $QLD changed as you show above? When was $DRVN changed to sell to close above $32? Cannot find them anywhere except here late in the day
- vcondry: @jonwest88 $DLTR $SPY $DIA $IYT $MDY $IWM $QQQ $FFTY $DQ $CF $OXY $SSO $QLD $NOG $DRVN $RTX $CLR $SLB $MRO $NVDA $OBE $APA $HAL $PFE $MRNA $AZN $PTON Morning market update at 9:18 am via email EDIT : was emailed but he forgot to post in the forum. when it rains it pours...hope your day is less worse than mine :-)
- jonwest88: @vcondry $DLTR $SPY $DIA $IYT $MDY $IWM $QQQ $FFTY $DQ $CF $OXY $SSO $QLD $NOG $DRVN $RTX $CLR $SLB $MRO $NVDA $OBE $APA $HAL $PFE $MRNA $AZN $PTON Yeah I searched for them here. Silly me. Did not get update until later.
- DAN: @jonwest88 $DLTR $SPY $DIA $IYT $MDY $IWM $QQQ $FFTY $DQ $CF $OXY $SSO $QLD $NOG $DRVN $RTX $CLR $SLB $MRO $NVDA $OBE $APA $HAL $PFE $MRNA $AZN $PTON Did you watch all of my videos?
-
DAN: @jonwest88 $DLTR $SPY $DIA $IYT $MDY $IWM $QQQ $FFTY $DQ $CF $OXY $SSO $QLD $NOG $DRVN $RTX $CLR $SLB $MRO $NVDA $OBE $APA $HAL $PFE $MRNA $AZN $PTON
Here is the email that I sent out this morning:
Morning Market Update
Good morning. Futures are p ... -
DAN: ...
$OBE - Stop raised from 8.50 to 9.10 (basis is 9.25, so our risk here is virtually nil). Feel free to be taking partial (or complete) profits on this stock if you are so inclined.
$OXY -- Up 13% on this trade. Stop is at 66.30. You might consider ... -
DAN: ...
$OBE - Basis: 9.25 Stop: 8.50. Alert $9.25 AND $8.50
$APA - Basis: 38.50 Stop: Prior stop at 34.90. New stop at 37.40 Alert $38.50 AND $37.40
$HAL - Basis: 31.50 Stop: 29.75. Alert at $30 AND $29.75
$SLB - Basis: 38.70 Stop: 37.20. Alert $3 ... - Nepenthe: @DAN $PTON $SPY $DIA $IWM $MDY $QQQ $RTX $DRVN $CLR $NOG $OXY $OBE $APA $HAL $SLB $MRO $QLD $SSO $SFIX $ARKK $LNTH $XBI $NVDA A little confusion on $RTX. Monday you said you "wouldn't buy a position here" (it broke below your newly imposed stop of 92.75) and then later said you'd "be out of the stock" as earnings were next week (I have them as of 7/26). Now you note the original stop price and cost basis as if the trade were still on. Maybe you'll clarify in the video. I got out but I'm still eyeing it for another entry, if it presents one. Cheers.
- DAN: Adding $OBE to the Active Trade List: Basis: 9.25 Stop: 8.50 Dan
- MongosPawn: $OBE Sold half here for a small profit. A little queasy on the pullback.
-
DAN: ...
$OBE - This could pop next week. Wait for it! Alert $9.25
$STNG -- One to watch. Still needs time to build a base, but you need to be vigilant with these types of charts. Set alerts. Alert $40.50
| Stock Price | $8.98 |
| Change | 2.16% |
| Volume | 662,309 |
Obsidian Energy Ltd, is an intermediate-sized oil and gas producer with strategic assets in Alberta. It operates in a single reporting segment that is exploration, development and holding an interest in oil and natural gas properties and related production infrastructure in the Western Canada Sedimentary Basin. The company generates the majority of the revenue from the Crude oil sale.
Request Video of OBEAlready a member? Sign in here.
Past Month
Leading Peers
-
$6.40 11.93%
-
$13.74 9.54%
-
$73.27 8.89%
Past Month
Lagging Peers
-
$5.51 -21.77%
-
$7.02 -9.76%
-
$10.83 -9.42%
Dan Fitzpatrick
Stock Market Mentor gives you EVERYTHING you need to succeed in the market; all in one place. How easy is that? Dan Fitzpatrick and his elite community of traders share trading ideas, strategies and much more. Dan Fitzpatrick--a world class Technical Analyst, trading coach and regular CNBC contributor--gives you access to all of this with a 30 day trial membership for just $7.77. Get started TODAY and start trading better TOMORROW with the following premium content:
- Nightly video Strategy Sessions with a game plan for tomorrow
- Got a stock you want Dan to look at? Just ask.
- Patent pending video alerts instantly delivered to you when one of Dan’s trading signals is triggered. This is not your typical price alert. This is a short video explaining the action you need to take to make money. No more “Woulda, coulda, shoulda”
- Access to over 90,400 stock analysis videos
- Access an ever expanding library (90,400) of educational videos that will save you time and make you money
Join a team of friends and traders that have one thing in common; a burning desire to succeed.
Become a Member Today!
Gain immediate access to all our exclusive articles, features, how-to's, discussion group and much more...
Satisfaction Guaranteed!
Your Stock Market Mentor membership comes with a 30 day, no questions asked, 100% money back guarantee!