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CEI

Camber Energy Looking to Soar Down. CEICamber Energy made a gain of a little over 600% in a little over a month. It was a beautiful impulse, but now it is over and what goes up must come down. The law of physics have their euphemistic place in the markets as well. We can see divergences forming on the oscillators and DI crossed, indicating a change in momentum vectoring. We probably pivoted not too long ago. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
CShort
by Rykin_Capital
Camber Energy - More Drops Incoming. CEIImpulse is finished and we are in the very early phase of correction. First we are correcting the fifth wave, and monitor the situation for even deeper drops. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
CShort
by Rykin_Capital
2
CEI Strong recovery to comeNot a financial advisor. Today CEI took a major dive. In which sparked my entry. Like many others, I see a great bounce play here. I'm eyeing up a return to test $2.49 retrace bounce off the $1.93. If we have enough volume we will see $3 return. I like this project. I'm holding a core and swinging a smaller position. Over dramatic selloff. We saw a big bounce today off the $1.03 fib. All indicators have seen a major cool off. Wouldn't be surprised if we bypass $5-$6 within the next week if volume remains high. Will update accordingly. As always feel free to chime in and leave feedback. Always great to chat with other traders, Thank You!
CLong
by StofAxeCapital
16
UAMY - Fundamental catalysts and bullish chartBullish Thesis for UAMY: 1. UAMY share price has historically followed the raw price of Antimony. The last period that it traded in a similar price per metric ton was 2011-2012, in which the shares price traded in the $2-4 range on average. In 2021, the share price only briefly exceeded the $2 mark. 2. China is the world leading exporter of antimony and there is currently a supply shortage (along with global shipping issues due to covid), further driving up the price www.metalbulletin.com 3. Antimony is a critical element of many items, an in particular battery technology ( EV sector), and flame retardents, brake pads, and now alloys for CARBON CAPTURE as well. As part of the infrastructure deal, the carbon capture sector is benefitting with a ton of recent market interest (stocks like CEI and ENG are examples). Demand for antimony should continue to rise with the proliferation of EV's and pollution reduction legislation 4. UAMY has a subsidiary called Bear River Zeolite, which manufactures a chemical used for many pollutants, including CARBON CAPTURE and METHANE removal (worse than CO2) www.bearriverzeolite.com 5. UAMY has seen more volume in the past year than at anytime in it's history. Since peaking in March, it has been consolidating in the $0.80-1.10 range ever since, while the high price of raw antimony has remained high. 6. The current share price is sitting on a volume shelf support level Risks - 1. If prices of raw antimony were to drop, the price would fall based on historical behavior. Unlikely in the near term due to high market demand 2. 50 day SMA just crossed under the 200 day SMA (death cross)
AMEX:UAMYLong
by Jagoff
1
CEICamber Energy Inc (NYSEAMERICAN:CEI) broke through resistance and out of a small bullish flag formation last week. The technical daily chart above shows very strong upward momentum as the stock is above all the major moving averages with both 50-day EMA and 200-day exp moving averages going up. All indicators still point to a bull market. The next level to watch is Friday's high of 2.29, followed by 2.80. Support awaits at 1.81, a low point on Friday, followed by 1.70, which provided support on Thursday (EMA50). With the trend still up the bias is to the upside.
CLong
by SmoothJB
CEI 382 & 50 Fib Levels Are ImportantCEI has been one of the penny stocks we've written about on the site for weeks now. Since it was at just 35 cents, the stock has been on fire. Of course, taking out the social media hype factor, there are potential technical levels to consider right now. First, the 50 fib line has been an initial level of traffic over the last few months. Whenever CEI has gotten to this point, it has either failed to break or briefly break above and hold as interim support. However, as you can see the last time it jumped above this level, it was fleeting. This time around, there's a lot more daily volume at above-average levels to take into account. What's more, you can see that 382 has consistently remained an upper level of support/resistance, more times acting as resistance (as it did Friday), than support. But again, given the above-average volume, that is something that is very different this time around. Then you've got strength in energy stocks, in general. That paired with these technical levels could be something to watch heading into the new week and end of the third quarter. You've also got Finviz showing short interest above 24% as of Friday.
C
by PennyStocks101
CEICamber Energy Inc (NYSEAMERICAN:CEI) has been in a strong upwards trend the past few weeks and it seems to be working out the overbought conditions. As you can see on the chart above, the rising EMA9 line on the 4H has been providing a significant support for the stock on the rise, so only a close below that line would indicate that a pullback is on its way. In that scenario, there are a lot of supports below. On the other hand, if a breakout above 1.87 occurs, we could see an acceleration of momentum and move toward the 2-2.26 area.
C
by SmoothJB
2
CEIYou know, sometimes hitting a winner in the market can be so effortless, and when it happens, you gotta celebrate a little bit. Once again Camber Energy Inc (NYSEAMERICAN:CEI) amazed and wowed the market with another Monster rally on strong volume expansion. A little over a month ago the stock was dead to the world and I wrote on Aug 5th about the similarities that were appearing on the bottom pattern of the chart, that reminded me of past mega bounces, and Voilà, I nailed it. A few days later the stock did exactly the same explosive move and is now trading around $1.50. Congratulations to all that played and pocketed some massive gains. In the very short-term, the stock is back to extreme overbought levels following the gains last week, so a pullback could be in order before the uptrend resumes. However, if stock spends a prolonged period in the extreme overbought levels, it shows the trend is upward and in this case a move to next pivot level of $2.26 is realistic.
CLong
by SmoothJB
1