12
Jun
Wrap – Week Ended 6/11/21
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Hello. We'd like to invite you to take a test drive of the site. Please contact zman@zmanenergybrain.com
Holdings Watch:
- We added to two EV related names and one infrastructure name last week.
- The blotter is updated
Free Stuff Last Week:
Questions and comments under The Wrap will be addressed in the Monday post.
Have a good weekend,
Z
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LBRT Found volume buyers at support 14.92-15 twice after last week’s secondary pullback…Trading in balance at last week’s acceptance 15.34…demand volume flat atm.
June 13th, 2021 at 11:10 amhttps://i.postimg.cc/PxrrNv7T/lbrt.png
VEI Demand volume supports higher here…Value area high 15.78..Support at 15.10
June 13th, 2021 at 11:15 amhttps://i.postimg.cc/9FW52HvH/vei.png
ACTC Consolidation tightened and volume tailed off last week at previous acceptance after big run-up. Defined support at 18.38…June value area high 19.25 an area of interest for next leg higher. Demand volume positive…
June 13th, 2021 at 11:27 amhttps://i.postimg.cc/HnNhXFsB/actc.png
PUMP Trading in balance around major acceptance at 10.83 after May’s run-up. Support at 10.61, May’s value area high.
June 13th, 2021 at 11:34 amhttps://i.postimg.cc/vBNJt40r/pump.png
OIH Pulling back after the high volume breakout of May’s value area highs. Tested and found buyers at volume gap 231. Consolidation within daily and weekly time frame uptrends…
June 13th, 2021 at 11:49 amhttps://i.postimg.cc/vT65cK1r/OIH.png
STEM Demand volume supports higher here…Next upside target is previous acceptance at 36…If it decides to consolidate, last week’s value area low at 30.27 served as short term support and was bought on volume…
June 13th, 2021 at 12:02 pmhttps://i.postimg.cc/t4XJZcwh/stem-2.png
Hydrogen Stocks all setup for higher…
June 13th, 2021 at 12:11 pmPLUG
https://i.postimg.cc/4dFVBGkk/plug.png
BE
https://i.postimg.cc/fb89Rsbt/be.png
BLDP
https://i.postimg.cc/xjw6LwvN/bldp.png
PBW …Clean Energy ETF
June 13th, 2021 at 12:18 pmPBW Trading in balance at major acceptance. Demand volume positive.
https://i.postimg.cc/NfNL3cd5/pbw.png
TAN Demand volume supports another test of key resistance at 80.50..
https://i.postimg.cc/yNDfmsb9/TAN.png
ENPH Bulls in control, trading above previous major acceptance at 142..Demand volume supports a test of April’s value area high at 154…
https://i.postimg.cc/HkzwVRWM/enph.png
ARRY Continues to consolidate after the post earnings drop. Churning above major acceptance and June value area low at 15.44 on high relative 4 days last week. Point of control rising three consecutive weeks…watching 16.77 as potential breakout level..Waiting for a spark…
June 13th, 2021 at 1:00 pmhttps://i.postimg.cc/C1SXgWKQ/arry.png
BWEN Seeing breakout of May’s value area high of 4.68 as support now. Consolidating now around major acceptance at 4.91.. Demand volume is positive but not supportive of a breakout atm…IMO
June 13th, 2021 at 1:12 pmDaily
https://i.postimg.cc/wTgXkgGP/BWEN.png
65 Minute
https://i.postimg.cc/cJgwJHvK/bwen-1.png
TPIC Demand volume negative. Testing May’s value area lows 43.54 now acting at tentative support. Below 43.54 support is at 40.70…
June 13th, 2021 at 1:19 pmhttps://i.postimg.cc/cHzzn6mV/tpic2.png
FLMN..Consolidating at the top of May’s value area high…Demand supportive of a break higher here..
June 13th, 2021 at 1:21 pmhttps://i.postimg.cc/CLpgP6G9/FLMN.png
To Zorg,
Thanks.
June 13th, 2021 at 1:24 pmGRID ETF..Marches higher in all time frames…
June 13th, 2021 at 1:27 pmGo STEM
https://i.postimg.cc/PxKw38cR/grid.png
VWDRY and winds stocks in general testing lows with demand volume not supportive…High volume narrow range bar on Friday for VWDRY…..Exhaustion setup on a break of Friday’s lows…October lows are the next level of interest…ADR charts are less reliable for me…
June 13th, 2021 at 1:40 pmhttps://i.postimg.cc/8k0HNqKn/vwdry2.png
QS Was starting to get some traction above May’s value area highs on increasing demand volume until the latest hit piece. Not that much damage this time..Price came back to major acceptance at 27.75 and stabilized. Friday’s lows were bought on above average volume for time of day, selling volume dried up…I’d watch May’s value area highs at 28.99 to gauge short term interest…
June 13th, 2021 at 1:59 pmhttps://i.postimg.cc/htZzd76D/qs-1.png
Thanks for the levels Zorg!
June 13th, 2021 at 5:44 pm#13 and #17…You’re welcome..hope it helps
June 13th, 2021 at 6:05 pmhttps://finance.yahoo.com/news/exclusive-shell-weighs-blockbuster-sale-175140794.html
We don’t own Shell but this is not entirely surprising.
June 13th, 2021 at 6:39 pm